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

User Mosiur
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2 Answers

7 votes

i think its foreign exchange control.

User Brandlingo
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6 votes

Answer:

Foreign exchange control

Step-by-step 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.

User Momouu
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