Category: Turkey

Turkey Treasury & FX Update

With inflation at 50% and rising, this report comprises the approaches and experiences of treasurers to accessing USD for cash repatriation and intercompany payment, currency hedging, local peso deposits and their experiences with local and international banks

Treasury & FX in Turkey

The current situation in Turkey has all the hallmarks of the situations treasurers typically face in complex countries: political uncertainty, fast changing regulations, difficulty repatriating cash, FX volatility, high interest rates, liquidity issues, unexpected tax increases, etc, etc. In addition, the country has borders… Continue Reading “Treasury & FX in Turkey”