exchange control

(redirected from Exchange controls)
Also found in: Financial.
Translations

exchange control

n (Fin) → controllo dei cambi
Mentioned in ?
References in periodicals archive ?
Delivering her administration's national budget in March, Prime Minister Mottley said that the 1970s-era foreign exchange controls were initially designed to regulate the flow of foreign exchange to ensure sufficient reserves to defend the exchange rate.
In the March budgetary proposals, government announced several initiatives to relax exchange controls as part of the strategy to boost the countrys international competitiveness, support economic growth by channelling savings to productive enterprises, bolster investor confidence in Barbados, and remove some of the bureaucracy and impediments that stymie business.
The move, aimed at easing exchange controls in the nation, will allow banks within the country to open foreign currency trading platforms.
Throughout 2018, the authorities continued to impose tight foreign exchange controls on international trade and access to hard currency reduced in early 2018.
It shares the UAE monetary and exchange rate system of a credible US dollar peg and absence of exchange controls. The emirate does not need its own foreign exchange reserves, and UAE support compensates for the lack of external sector data.
The reason for the change is that the control of these activities was carried out by the financial institution as a remnant of the revoked law on foreign exchange transactions and foreign exchange controls, but the new economic circumstances and the development of this sector require changes.
In response, the government of President Gurbanguly Berdimuhamedov has gradually tightened foreign exchange controls to conserve hard currency for priority projects.
He also cited access to regional markets, the absence of foreign exchange controls as well as political and macro-economic stability.
International airlines have for years struggled to repatriate billions of dollars in revenue held in the local bolivar currency due to exchange controls, prompting many to limit service and require that passengers pay fares in dollars.
The tax avoidance industry started post-1975 following toxic Maggie's lifting of exchange controls. Is it time to re-introduce some form of exchange control?
According to the IIF, CBE's recent actions including the decision to lift caps on withdrawals and deposits of foreign currencies for individuals and companies importing essential goods, easing foreign exchange controls imposed a year ago and combined with a plan to launch of a new investment product that would allow foreigners to invest in the local Treasury bill market would stabilise international reserves.
Buenos Aires, Safar 12, 1437, November 24, 2015, SPA -- Argentinian president-elect Mauricio Macri said Monday that he will focus his efforts on ending foreign exchange controls, boosting economic growth and fighting corruption and street crime, dpa reported.

Full browser ?