foreign exchange control

Questions

What does foreign exchange control mean?

A form of capital control imposed by a government to restrict the purchase/sale of foreign currencies by residents, the purchase/sale of local currency by nonresidents, or the transfers of any currency across national borders.

How to pronounce foreign exchange control

1. Open the pronunciation page — Open the Speakur entry for “foreign exchange control”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
3. Play the audio — Click Play to hear reference audio for “foreign exchange control”.
4. Repeat and practice — Say “foreign exchange control” aloud, matching stress and vowels until it feels natural.