Foreign exchange restrictions definition

Foreign exchange restrictions mean measures taken by Member States in the form of restrictions and other administrative procedures in foreign exchange which have the effect of restricting trade.
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Foreign exchange restrictions means measures taken by Member States in the form of restrictions and other administrative procedures in foreign exchange which have the effect of restricting trade;
Sample 1

Examples of Foreign exchange restrictions in a sentence

  • Under this system, a license or a permit is to be obtained from the Government to import the goods specifying the quantity and the country, from which to import, before concluding the contract with the supplier.(b) Foreign exchange restrictions.

  • Foreign exchange restrictions were introduced because the local monetary authorities were afraid that easy access of non-residents to the local currency and the ability of easy transfer of the local currency to non-residents, contributed to speculative financial movements, greater volatility of the exchange rate and, consequently, some loss of monetary control (Higgins & Humpage, 2005).

  • Foreign Exchange Foreign exchange restrictions in Sweden were removed in 1991.

  • Investments in foreign markets expose the fund's investments to additional risks including the following: o Political instability; o Significant or rapid changes in currency exchange rates; o Foreign exchange restrictions; o Inaccurate or incomplete financial information resulting from less strict securities market regulations and accounting standards.

  • Foreign exchange restrictions, of paramount importance to have a clear picture of the inflow and out- flow of the investment and its proceeds, were eliminated in 2016.

  • Foreign exchange restrictions for the purchase of imports helped protect domestic producers.

  • Foreign exchange restrictions are still prevalent, and delays in making VAT refunds and other payments to qualified firms put a substantial strain on companies’ cash flows.

  • Foreign exchange restrictions and capital controls of selected East Asian economies 844-3.

  • The revoked license may be reissued for the remainder of the period for which it was issued upon compliance of the license holder with all conditions for the reissuance.

  • Foreign exchange restrictions related to the foreign exchange inflows attributable to an enterprise;d.

Related to Foreign exchange restrictions

  • Dealing Restrictions means restrictions imposed by statute, order, regulation or Government directive, or by the Model Code or any code adopted by the Company based on the Model Code and for this purpose the Model Code means the Model Code on dealings in securities set out in Listing Rule 9, annex 1 (of the London Stock Exchange), as varied from time to time;

  • Master Agreement has the meaning specified in the definition of “Swap Contract.”

  • Texas Grant Management Standards or “TxGMS” means uniform grant and contract administration procedures, developed under the authority of Chapter 783 of the Texas Government Code, to promote the efficient use of public funds in local government and in programs requiring cooperation among local, state, and federal agencies. Under this Grant Agreement, TxGMS applies to Grantee except as otherwise provided by applicable law or directed by System Agency. Additionally, except as otherwise provided by applicable law, in the event of a conflict between TxGMS and applicable federal or state law, federal law prevails over state law and state law prevails over TxGMS.

  • Merchant Agreement means a writ- ten contract between a merchant and an acquirer to honor or accept credit cards, or to transmit or process for payment credit card payments, for the purchase of goods or services or a char- itable contribution.