Tenpin

The Yorkshireman
Watch The Lira Now

Corporate deposits included under Turkish lira protection scheme​



Extract:
Turkey has included corporate foreign currency and gold deposit accounts converted to Turkish lira in a scheme that safeguards local currency savings against exchange rate volatility, the Official Gazette showed on Tuesday.

The dollars, euros, pounds or gold in corporate deposit accounts as of the end of 2021 may be converted to lira deposits with a maturity of six months to a year to be included under the scheme, the Gazette showed.
 

enoch

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Watch The Lira Now

Corporate deposits included under Turkish lira protection scheme​



Extract:
Turkey has included corporate foreign currency and gold deposit accounts converted to Turkish lira in a scheme that safeguards local currency savings against exchange rate volatility, the Official Gazette showed on Tuesday.

The dollars, euros, pounds or gold in corporate deposit accounts as of the end of 2021 may be converted to lira deposits with a maturity of six months to a year to be included under the scheme, the Gazette showed.
We I read the other day people with dollars are keeping their dollars and buying more so someone is telling porkies I wonder who?
 

enoch

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The action to be taken for those who do not switch to tl has been revealed.
 

Jaycey

African Refugee
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The action to be taken for those who do not switch to tl has been revealed.
Any English language versions of this please?
 

enoch

Member
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Any English language versions of this please?
I will give you the jest of it if company's don't change 10% of their money into lira they could encounter problems with loan's and tax man. The reason for this is what I said earlier the new guarantee system is not working like they expected they are still buying dollars
 

enoch

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Akp meeting today 60 MPs are saying about the miss management of the economy, and are saying we cannot win the election.
 

enoch

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It seems the high inflation of 7% in America is good for the lira the 3 main currencies are dropping down over 1%.
Dollar down over 2% over 4%
Pound and euro down 1.5% over3 %
 
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Tenpin

The Yorkshireman
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Anyone tried to use Erdoans new interest scheme tied to the dollar rates?

We just checked with our bank manager and he tells us it's only available to Turkish citizens.
 

enoch

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Had a walk in the centre today, or N95 masks came yesterday. The rates at the exchange offices I thought were ripping people off don't know what you think but they were only giving 17.6 tl when the rate was 18.6. What is it like in your areas.
 

Camden

Member
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Foreigners bought one out of every five houses sold in Antalya ( when they say Antalya I think they mean Province and the 19 Districts eg Alayna ) : Russians, British and Iranians flock to

While house sales to foreigners broke a record with 7841 in December, foreigners bought one out of every five houses sold in Antalya. 12 thousand 384 houses were sold to foreigners in Antalya in 2021. In 9 years, total house sales to foreigners in Antalya reached 64,229. eref Salam, President of Antalya Chamber of Real Estate Agents, said that Turkish citizens now have difficulty in buying housing, and foreigners show great interest with the depreciation of TL.


Foreign house sales
gayri.jpg



19 Districts of Antalya:​

 

enoch

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Foreigners bought one out of every five houses sold in Antalya ( when they say Antalya I think they mean Province and the 19 Districts eg Alayna ) : Russians, British and Iranians flock to

While house sales to foreigners broke a record with 7841 in December, foreigners bought one out of every five houses sold in Antalya. 12 thousand 384 houses were sold to foreigners in Antalya in 2021. In 9 years, total house sales to foreigners in Antalya reached 64,229. eref Salam, President of Antalya Chamber of Real Estate Agents, said that Turkish citizens now have difficulty in buying housing, and foreigners show great interest with the depreciation of TL.


Foreign house sales
View attachment 25767



19 Districts of Antalya:​

That comment about the lira is deceiving because in Alanya all the new complexs in this area are sold and bought in euro. Because that's what is mainly selling. You can tell the old apartments being converted
into lira because the prices are usually 900000 +.
 

Chasey

Member
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That comment about the lira is deceiving because in Alanya all the new complexs in this area are sold and bought in euro. Because that's what is mainly selling. You can tell the old apartments being converted
into lira because the prices are usually 900000 +.
Yes, all the property in our area is sold in Euro not Lira and the price is going up and up, not down. A parcel of land to build a villa on 500m2 was going for about 40,000 euro and is now 2 years later going for over 100,000 euro
 

IbrahimAbi

Grey wisdom
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Yes, all the property in our area is sold in Euro not Lira and the price is going up and up, not down. A parcel of land to build a villa on 500m2 was going for about 40,000 euro and is now 2 years later going for over 100,000 euro
Are people actually buying at this price, or is that simply what people are asking? Many Turks buy a car and immediately advertise it at a higher price just on the off chance that they find a buyer and can make a few quid.
 

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