exchange control

(redirected from Foreign exchange controls)
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Translations

exchange control

n (Fin) → controllo dei cambi
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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.
Tehran's Financial Tribune cited a gamut of factors, including hurdles in Iran like stringent foreign exchange controls. But the main impediment is seen as the banking restrictions that are part of US economic restrictions.
The advert aims to attract wealthy foreign buyers with the offer of no income tax or foreign exchange controls, with much of the infrastructure already on Al Marjan Island.
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.
He advised the government to tame its appetite for more leverage as the World Bank in its recent Global Economic Prospects Report had noted with dismay that the current optimism over the country economic is tempered by concerns over huge debt servicing obligations and continuous foreign exchange controls.
In response, the government of President Gurbanguly Berdimuhamedov has gradually tightened foreign exchange controls to conserve hard currency for priority projects.
Overseas investors have also been pushing for a relaxation of China's foreign exchange controls, where the currency remains non-convertible.
He also cited access to regional markets, the absence of foreign exchange controls as well as political and macro-economic stability.
'Rather, it should be viewed as part of ambitious financial market reforms that BSP is currently implementing,' he said, explaining that high levels of reserve requirement 'belongs to the same regime as extensive quantitative foreign exchange controls that we are also easing.'
The high RRR policy belongs to the same regime as extensive quantitative foreign exchange controls that are also being eased, Espenilla said."This is more compatible with our more sophisticated financial system and much stronger economy today," he said.
"As regards foreign exchange controls, we will submit to the HPR a draft law that includes provisions to regularise the situation of Tunisians who have money outside the country," Chahed said.
Introduction of restrictive measures, such as capital or foreign exchange controls, which can lead to material deterioration of equity market accessibility, may result in the exclusion of such market from the MSCI Frontier Markets Indexes and a reclassification to Standalone status.

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