Crossword Solver > found answer > EXCHANGECONTROL

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exchangecontrol

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The answer EXCHANGECONTROL has 1 possible clue(s) in existing crosswords.

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Definitions of exchangecontrol in various dictionaries:

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Possible Crossword Clues
Restriction in currency movement

Last Seen in these Crosswords & Puzzles
Jan 28 2007 The Telegraph - General Knowledge

Exchangecontrol might refer to
Foreign exchange controls are various forms of controls imposed by a government on the purchase/sale of foreign currencies by residents or on the purchase/sale of local currency by nonresidents. * Common foreign exchange controls include:* Banning the use of foreign currency within the country * Banning locals from possessing foreign currency * Restricting currency exchange to government-approved exchangers * Fixed exchange rates * Restrictions on the amount of currency that may be imported or exportedCountries with foreign exchange controls are also known as "Article 14 countries", after the provision in the International Monetary Fund agreement allowing exchange controls for transitional economies. Such controls used to be common in most countries, particularly poorer ones, until the 1990s when free trade and globalization started a trend towards economic liberalization. Today, countries that still impose exchange controls are the exception rather than the rule. * Often, foreign exchange controls can result in the creation of black markets to exchange the weaker currency for stronger currencies. This leads to a situation where the exchange rate for the foreign currency is much higher than the rate set by the government, and therefore creates a shadow currency exchange market. As such, it is unclear whether governments have the ability to enact effective exchange controls.

Exchangecontrol might refer to

Foreign exchange controls are various forms of controls imposed by a government on the purchase/sale of foreign currencies by residents or on the purchase/sale of local currency by nonresidents.
* Common foreign exchange controls include:* Banning the use of foreign currency within the country
* Banning locals from possessing foreign currency
* Restricting currency exchange to government-approved exchangers
* Fixed exchange rates
* Restrictions on the amount of currency that may be imported or exportedCountries with foreign exchange controls are also known as "Article 14 countries", after the provision in the International Monetary Fund agreement allowing exchange controls for transitional economies. Such controls used to be common in most countries, particularly poorer ones, until the 1990s when free trade and globalization started a trend towards economic liberalization. Today, countries that still impose exchange controls are the exception rather than the rule.
* Often, foreign exchange controls can result in the creation of black markets to exchange the weaker currency for stronger currencies. This leads to a situation where the exchange rate for the foreign currency is much higher than the rate set by the government, and therefore creates a shadow currency exchange market. As such, it is unclear whether governments have the ability to enact effective exchange controls.

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