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Exchange control |
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Exchange controlRationing of foreign exchange, typically used when the exchange rate is fixed and the central bank is unable or unwilling to enforce the rate by exchange-market intervention.Similar MatchesNominal exchange rateNominal exchange rateThe actual foreign exchange quotation in contrast to the real exchange rate, which has been adjusted for changes in purchasing power. ExchangeableExchangeableApplies mainly to convertible securities. Means the issuer, if so stated, may substitute a convertible debenture for an existing convertible preferred with identical terms. Most often used when a corporation has an immediate need for equity capital and a low tax rate, and expects either or both conditions to change. This would make the debenture less attractive if the interest tax-deductibility is lost. Foreign exchangeForeign exchangeForeign currency; any currency other than a country's own. Exchange rate protectionExchange rate protectionThe manipulation of the exchange rate so as to increase the domestic prices of, and demand for, domestically produced goods. Since an undervalued currency stimulates demand for all domestically produced tradable goods, this form of protection, unlike tariff protection, can only be provided to the tradable sector as a whole, not to individual industries. Fixed exchange rateFixed exchange rateUsually synonymous with a pegged exchange rate. Although "fixed" seems to imply less likelihood of change, in practice countries seldom if ever achieve a truly fixed rate. Further SuggestionsAmerican Stock ExchangeLondon Metal Exchange Regional stock exchanges Exchange risk Nagoya Stock Exchange Vancouver Stock Exchange (VSE) share exchange Helsinki Exchanges (HEX) New York Cotton Exchange (NYCE) Historical exchange rate Copenhagen Stock Exchange Exchange of stock Kuala Lumpur Stock Exchange (KLSE) Tradepoint Investment Exchange Stock Exchange Automated Trading System PLUS Effective exchange rate London Commodity Exchange (LCE) New Zealand Stock Exchange organised securities exchange Stock Exchange Automated Quotation system Forward foreign exchange contract Amsterdam Exchange (AEX) Floating exchange rate system Favorable exchange rate Banner Exchange |
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