Date: 5 months ago   Category: Realestate

Erdogan has forbidden to buy the real estate for currency


All contracts will be transferred to national monetary unit – Turkish lira. Recalculation will be carried out within 30 days. The president of Turkey Recep Tayyip Erdogan has signed the decree according to which all lease contracts and documents of purchase and sale of the real estate concluded in foreign currency will be transferred to Turkish lira. The text of the decree is published in the official bulletin of the government of Turkey – Resm ı by Gazete, Anadolu on Thursday, September 13 reports. At signing of the contracts of sale, rent, leasing of personal and real estate between residents in Turkey payment obligations of the parties won't be established or indexed in foreign currency, – it is said in the statement. According to the decree, recalculation will be carried out within 30 days. Earlier Erdogan has urged citizens of Turkey to exchange dollars and euro for lira. The president has declared it because of need to strengthen national currency which rate has sharply fallen off against the background of fears concerning economy and deterioration in the relations with the USA. We will remind, today the Central Bank of Turkey has raised a key interest rate for 6,25% at once – from 17,75% to 24%. Before a meeting Erdogan regulator I called a rate in 17,75% too high and I have urged to lower it. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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