# 35% Foreign Exchange Sale Requirement Extended Until April 30, 2026

#### 35% Foreign Exchange Sale Requirement Extended Until April 30, 2026

The **Central Bank of the Republic of Türkiye (CBRT)** has once again extended the rule requiring a portion of export revenues to be sold to local banks. Under the new decision, from **November 1, 2025, to April 30, 2026**, exporters must **sell at least 35%** of their foreign currency earnings to the bank that issued the export proceeds certificate.

This extension was introduced through **Temporary Article 4** added to the “Export Circular,” based on the Ministry of Treasury and Finance’s letter dated October 30, 2025. The rate, previously set at 25%, had already been temporarily increased and extended twice — first until July 31, 2025, and then to October 31, 2025. Now, the same **35% rule will remain in force until the end of April 2026.**

Unless a new decision is issued, starting **May 1, 2026**, the mandatory sale rate will revert to **25%**.

#### Why This Policy Matters

The main objective of this rule is to **strengthen Türkiye’s foreign exchange reserves and support the stability of the Turkish Lira.** For exporters, it means they cannot freely use all of their foreign currency income — **35% must be sold to the local bank**, while the rest can be retained or used freely.

Exporters should therefore **carefully plan their cash flow and currency management**, ensuring full compliance with the regulation before the specified deadlines.

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