EXCHANGE CONTROL

Regulation of foreign exchange transactions in a country is directly related with the availability of external purchasing power for the imports in internationally recognized convertible currencies and improvement in the balance of payment position. The governments, therefore, establish system of exchange control to conserve the limited supplies of foreign exchange Read more…

IMPLEMENTATION & PRE-REQUISITE OF EXCHANGE CONTROL

IMPLEMENTATION OF EXCHANGE CONTROL Exchange Control is implemented through Restrictions and Interventions. Exchange Control Restrictions Exchange Restrictions are, in fact, the proper control. The government of a country implements a policy of restrictions of the demand and supply of foreign exchange in the exchange market. This method was introduced for Read more…