currency control

plural currency controls

1. plural normallySynonym of foreign exchange control.

   Argentina tightened currency controls late Sunday after the opposition’s Alberto Fernandez won the presidential elections.

   2019 October 28, Jorgelina Do Rosario, Carolina Millan, “Argentina Tightens Currency Controls After Fernandez Victory”, in Bloomberg

   1 more example

   In his speech, Milei highlighted how the reduction of the informal dollar rate is bringing it closer to the official rate. He added that this signaled the beginning of the end of currency controls, a decision he called “an aberration that should have never happened.”

   2024 December 11, “Milei’s 2025 promises: less taxes, no cepo, and dollar transactions for everything”, in Buenos Aires Herald

   Synonyms: foreign exchange control