Blocked Currency

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Blocked currency

A currency that is not freely convertible to other currencies due to exchange controls.

Nonconvertible Currency

A currency that may not be converted into another currency on the foreign exchange market, or that may be converted only in limited amounts. Some countries limit convertibility to prevent citizens from making bad investment decisions in, say, a country experiencing hyperinflation, while a few communist countries issue nonconvertible currencies to protect their citizens from capitalist influences. A nonconvertible currency is generally traded only on the black market. It is also called a blocked currency or an inconvertible currency.

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Commodity Block Currency Nonconvertible Currency			McLaughlin: Do you find the blocked currency issue to arise often, or only in a small number of countries? Well, It Seemed Like A Good Idea by The Non-profit Times So the only thing I can see - and, again, it's theoretical because the Renminbi is a blocked currency - would be the Renminbi in 20 years. Jim Rogers: China's Economic Advance is All But Unstoppable by Business Wire			Blocco block Block call Block Diagram Block Group Block Group Selector block house Block Limit Block list Block Move block numbering area Block of Policies Block Order Exposure System Block Out Block Policy Block Positioner Block Programming Block Trade Block Trader Block Voting Blockade Blockage Discount Blockbuster blockbusting Blocked Account Blocked Currency Blocked Funds Blockface Blockholder Blocking Law Blog Blogger Blood Agent Blood Diamond Bloodletting Bloomberg Bloomberg Terminal Bloque Blotter Blow-Off Top Blowout Blue book Blue Book Value Blue Chip Blue Chip Index Blue Chip Stock Blue Chip Stocks Blue Collar Blue Cross and Blue Shield Blue Dog Coalition Blue Law			Blockbuster Express Blockbuster Inc. Blockbuster Online Total Access Blockbuster video Blockbusters Blockbusters Blockbusters Blockbusters blockbusting blockbusting blockbusting blocked blocked blocked blocked blocked blocked blocked blocked account Blocked Accounts Blocked Asynchronous Transmission Blocked Asynchronous Transmission Software Protocol Blocked Bidder List Blocked Call Blocked Calls Delayed Blocked Calls Held Blocked Calls Released blocked communication Blocked Connection Cleared Blocked Currencies Blocked Currency blocked F-format data set Blocked Fund Blocked funds blocked impedance Blocked Impurity Band Blocked Impurity Band Detector Blocked Impurity Band Detector Blocked Kick blocked operation blocked out blocked out blocked out blocked out blocked out blocked out Blocked Pipe Appearance blocked pleurisy Blocked Precedence Announcement blocked process Blocked Punt Touchdown blocked reading frame blocked records blocked resistance blocked shoe Blocked shot Blocked-or-Preempted Connection Delayed blocked-out ore blocked-up blocker blocker

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