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Turkiye Business Group Welcomes FX Support Changes, Seeks End to 35% Export Rule

Summary by Bazaar Times
The head of the Istanbul Chamber of Commerce (İTO) has welcomed changes to the Central Bank’s foreign exchange conversion support scheme while calling for the removal of a rule requiring exporters to sell 35 percent of their export proceeds. The Central Bank amendment, published in the Official Gazette on Aug. 1, removes a requirement that firms seeking conversion support pledge not to purchase foreign currency for one month. İTO President Şekib…
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Bazaar Times broke the news on Monday, August 3, 2026.
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