Recently, President Recep Tayyip Erdoğan announced that a new system for gold deposits would come after the cabinet meeting. The regulation for this was published in the Official Gazette. Treasury and Finance Minister Nureddin Nebati explained this system in detail in a live broadcast he attended. cryptocoin.com We are giving the details as…
Treasury and Finance Minister explained the arrangement that gold investors were curious about
As a result of the sudden rise of gold and foreign exchange, it was decided that new decisions would be taken at the cabinet meeting and that new economic instruments would come into effect. Accordingly, a system similar to the “currency protected TL time deposit” system was introduced for “gold deposits”. According to the regulation published in the Official Gazette, fund owners will be supported in case gold-focused deposit and participation fund accounts turn into TL time deposit and participation funds.
Nureddin Nebati, Minister of Treasury and Finance, gave details about this system. He points out that this arrangement made to bring the gold under the pillow into the economy will also be positive for the investor, because if these golds are exchanged as soon as they are squeezed, the difference between buying and selling at a cheap price will result in the loss. Nebati stated that the system for this issue will enter the system in the coming weeks. The Minister of Treasury and Finance expressed the system in which the citizen stated that he would get rid of the commission fee and also the liquid feature of gold was continued with the following sentences:
Bring your gold. How many grams of gold did you bring, let’s turn it pure from 14 carats or stay at 14, 18 or 22 carats, it’s not a problem, let’s give your certificate. Whenever you want, go buy your gold with your certificate, get your pure gold equivalent or bracelet. Anytime.
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