exchange control

English - Turkish

Definition of exchange control in English Turkish dictionary

döviz kontrolü

Related Terms

exchange control system

kambiyo denetim sistemi

foreign exchange control

döviz kontrolü

managed exchange control

(Ticaret) gözetimli kambiyo kontrolü

English - English

Definition of exchange control in English English dictionary

Governmental 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

Hyphenation

ex·change con·trol

Turkish pronunciation

îksçeync kıntrōl

Pronunciation

/əksˈʧānʤ kənˈtrōl/ /ɪksˈʧeɪnʤ kənˈtroʊl/