Turkey Property Market Contracts must be in Turkish Lira?

Discussion in 'Forex' started by goldsilverratio, Sep 15, 2018.

  1. Turkey is banning the use of foreign currencies in the country's PROPERTY MARKET ? As it looks to stem the dramatic fall of its own currency, the lira ?
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    Turkey issued a decree on Thursday ? Announcing that contracts for sales, rent and leasing must in future be made in TURKISH LIRA ?
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    https://www.bbc.com/news/world-europe-45508672
     
  2. wow...put that in your "balance of trade" and smoke it...
     
    MarkBrown likes this.
  3. dealmaker

    dealmaker

    I am surprised they did not do that years ago...