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.
The scheme, announced in December, covers the difference if the difference in the exchange rate applicable at the end of the maturity is greater than the sum of the principal and yield.Reporting by Ali Kucukgocmen and Ezgi Erkoyun; editing by Uttaresh.VSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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