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exchange control |
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exchange controlGovernmental restrictions on private transactions in foreign money or claims on foreign money. Residents are required to sell foreign money coming into their possession to a central bank or specialized government agency at exchange rates set by the government. The chief function of most systems of exchange control is to maintain a favourable balance of payments. See also foreign exchange. |
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Waste Exchange controls melt flow with a melt viscometer on the extruder, whose data are used automatically to adjust a feeder for a peroxide "visc-breaking" additive. Brinkerhoff attributes the enormous infusion of foreign funds to lifting of exchange controls, liberalization of investment regulations, the new European Community agreements, and a general concerted movement toward international portfolio diversification. According to a pamphlet distributed by the Los Angeles British Consulate, European countries which had exchange controls will permit its citizens to have bank accounts in other European Common market member countries. |
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