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Montevideo, May 24th 2019 - 05:07 UTC

Tag: indexed

  • Friday, September 14th 2018 - 09:01 UTC

    Turkey property sales, rental contracts and leasing must be made in the Lira currency

     “We are solving the issue of rent in foreign currency, which concerns a lot of our vendors, once and for all,” Erdogan told a meeting of a traders’ confederation

    Turkey ruled on Thursday that property sales, rental contracts and leasing transactions must be made in lira from now on, halting the use of foreign currencies for such deals in a fresh step to support the ailing local currency. All business deals inside the country should be conducted in lira, President Tayyip Erdogan said, adding that nobody apart from exporters and importers should cross paths with foreign currency.