New Era Begins in Central Bank's Foreign Exchange Conversion Support
With a new instruction published by the Central Bank, the commitment period in foreign exchange conversion support has ended, and position realizations have begun to be taken as the basis.
On October 1, 2026, the Central Bank made significant changes to the implementation instruction regarding foreign exchange conversion support, redefining the conditions and upper limits.
Amendment to the Implementation Instruction
On October 1, 2026, the Central Bank introduced significant changes by publishing the implementation instruction containing the procedures and principles regarding foreign exchange conversion support.
Foreign Exchange Position Compliance Requirement
Under the new system, companies will be required to meet foreign exchange position compliance, and if this condition is met, payments will be made by examining various ratios.
Upper Limits of Support
According to the new regulation, provided that compliance is met, support payments of up to a maximum of 100 Million TL will be made for each year.
Realizations Replaced Commitments
The commitments not to purchase foreign currency, which were part of the practice until now, have been abolished, and foreign exchange position realizations have been taken as the basis instead.
Effects of the New Regulation
While the abolition of the commitment not to purchase foreign currency protects the cash flow balance of companies, institutions whose supplies are priced in foreign currency will be affected by this process.