The Central Bank of the Republic of Turkey extended the Currency Conversion Support until 2026.

Expected Decision from TCMB: Currency Conversion Support Extended

The Central Bank of the Republic of Turkey (TCMB) has decided to extend the currency conversion support program. This significant development was announced through a communiqué published in the Official Gazette.

Support Period Extended to 2026

According to the announcement, the support program allowing firms to convert their foreign currency originating from abroad into Turkish Lira (TL) has been extended from the original deadline of October 31, 2025, to April 30, 2026.

What is TCMB's Support Application?

TCMB will continue to provide financial support to firms that convert foreign currency received from abroad into TL and sell this currency to the Central Bank. This application stands out as an important step against fluctuations in the currency market.