exchange control

Restrictions on the purchase and sale of foreign exchange. It is operated in various forms by many countries, in particular those who experience shortages of hard currency; sometimes different regulations apply to transactions that would come under the capital account of the balance of payments There has been a gradual movement toward dismantling exchange controls by many countries in recent years. The UK abolished all form of exchange control in 1979.

Big dictionary of business and management. 2014.

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  • exchange control — ➔ control1 …   Financial and business terms

  • exchange control — Governmental restrictions on private transactions in foreign money or claims on foreign money. Residents are required to sell foreign money coming into their possession to a central bank or specialized government agency at exchange rates set by… …   Universalium

  • exchange control — Restrictions on the purchase and sale of foreign exchange. It is operated in various forms by many countries, in particular those who experience shortages of hard currencies; sometimes different regulations apply to transactions that would come… …   Accounting dictionary

  • Exchange Control — Types of controls that governments put in place to ban or restrict the amount of foreign currency or local currency that is allowed to be traded or purchased. Common exchange controls include banning the use of foreign currency and restricting… …   Investment dictionary

  • exchange control — /ɪks tʃeɪndʒ kənˌtrəυl/ noun the control by a government of the way in which its currency may be exchanged for foreign currencies ● The government had to impose exchange controls to stop the rush to buy dollars …   Marketing dictionary in english

  • exchange control — /ɪks tʃeɪndʒ kənˌtrəυl/ noun the control by a gov ernment of the way in which its currency may be exchanged for foreign currencies …   Dictionary of banking and finance

  • exchange control — noun : governmental regulation of the conversion of currencies, the purchase of foreign coin or gold, and the transfer of funds between countries …   Useful english dictionary

  • exchange — exchanger, n. /iks chaynj /, v., exchanged, exchanging, n. v.t. 1. to give up (something) for something else; part with for some equivalent; change for another. 2. to replace (returned merchandise) with an equivalent or something else: Most… …   Universalium

  • exchange rate — the ratio at which a unit of the currency of one country can be exchanged for that of another country. Also called rate of exchange. [1895 1900] * * * Price of one country s money in relation to another s. Exchange rates may be fixed or flexible …   Universalium

  • Control key — A Control key (marked Ctrl ) on a modern Windows keyboard In computing, a Control key is a modifier key which, when pressed in conjunction with another key, will perform a special operation (for example, Control Alt Delete); similar to the Shift… …   Wikipedia


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