exchange controls

exchange controls
Government restrictions on the purchase of foreign currencies by domestic citizens or on the purchase of the local domestic currency by foreigners. Bloomberg Financial Dictionary

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   Regulations to prevent or restrict certain foreign currency transactions, mostly by a country's nationals. Used to protect and maintain a country's financial position and the value of its currency.

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exchange controls UK US noun [plural]
ECONOMICS, FINANCE government rules that limit the amount of a country's currency that can be changed into another: impose/adopt/introduce exchange controls »

The European Commission said there were no plans to impose exchange controls.

»

relax/remove/lift exchange controls


Financial and business terms. 2012.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

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