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  • 21-12-21

    Turkish president announces fresh procedures to protect community from high expenses

    (MENAFN) On Monday, the Turkish president declared new procedures to continue fulfilling its pledge of guarding the Turkish community from life’s high expenses.

    No Turkish individual is going to have to exchange their funds from the Turkish lira to external currency, announced by Recep Tayyip Erdogan after leading a Cabinet fathering in the Turkish capital.

    According to Erdogan statement, the government is revealing a new fiscal alternative for citizens' savings to alleviate their concerns over increasing exchange rates.

    He also added, "for exporting companies that find it difficult to present prices due to fluctuations in foreign exchange rates, they will be given an exchange rate future through the Central Bank."

    MENAFN21122021000045013568ID1103408709

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