This section allows cross-market comparisons.
Glossary Definition
Currency Exchange Controls

"""Various forms of controls imposed by governments on the purchase or sale of foreign currencies by residents or on the purchase or sale of local currency by nonresidents. Common controls include: • Banning or limiting the domestic use of foreign currency • Limiting the time or amount of foreign currency held by residents • Restricting currency exchange to government-approved exchangers • Fixed exchange rates • Restrictions on the amount of currency that may be imported or exported Countries with significant foreign exchange controls are also known as """"Article 14 countries,"""" after the provision in the International Monetary Fund agreement allowing exchange controls for transitional economies."""