a restriction on the amount of a particular foreign currency that can be purchased or sold is called what?

Question

English

Jaguar

2 May, 13:14

a restriction on the amount of a particular foreign currency that can be purchased or sold is called what?

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Answers (2)

Know the Answer?

Roselyn Cummings · Answer 1

i think its foreign exchange control.

Jayden Thompson · Answer 2

Foreign exchange control

Explanation:

Foreign exchange controls are a type of restriction on the amount of a particular currency that the government of a country allows its citizens to buy and sell. The main purpose of this type of limitation is to allow countries to stabilize their economies. By imposing foreign exchange controls, a country can better limit in-flows and out-flows of currency.