foreign exchange control

English

Noun

foreign exchange control (plural foreign exchange controls)

1. (economics, usually in the plural) A form of capital control imposed by a government to restrict the purchase/sale of foreign currencies by residents, the purchase/sale of local currency by nonresidents, or the transfers of any currency across national borders.

   Synonym: currency control

See also

• capital control

Translations

Translations

• German: Devisenverkehrsbeschränkung f, Devisenrestriktion f
• Spanish: cepo cambiario m

Further reading

• foreign exchange controls on Wikipedia.Wikipedia