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Meaning of foreign exchange control | Babel Free

Noun CEFR C1

Definitions

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.

plural-normally

Equivalents

Deutsch Devisenrestriktion Devisenverkehrsbeschränkung
Español cepo cambiario

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

foreign exchange market foreign exchange risk foreign fighter foreign investment foreign key foreign language

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