The central bank of Samoa has announced new exchange controls
that will come into effect from next month.
Iceland's central bank enacted the foreign exchange controls
, or restriction on the free movement of its currency, during the financial crisis.
Now the combination of an economy that shrank 8% last year and has already contracted by 29% this year, the likelihood of continued political and social upheaval (see NotiSur, 2003-06-20), and the exchange controls
are making some of those immigrants consider going home.
The others, which do not have the exchange controls
, have to go to the IMF (International Monetary Fund).
An analysis of the variance decomposition obtained from the vector autoregression before and after the removal of exchange controls
indicates, as we would expect if exchange controls
are a major cause of market segmentation, that domestic factors explain less of the variation in an equity market return, after the removal of exchange controls
Coupled with the dismissal of Deputy Prime Minister Mr Anwar Ibrahim, the implementation of exchange controls
takes Malaysia into murky waters.
But the government's watchful eye - manifested through the proposal and approval process, exchange controls
and a cultural belief that 10 percent to 15 percent is a fair rate of return - may dampen those expectations.
The company had received questions regarding the recently enacted Venezuelan foreign currency exchange controls
and the impact of those controls on PDVSA's payments to its contractors in U.
Brinkerhoff attributes the enormous infusion of foreign funds to lifting of exchange controls
, liberalization of investment regulations, the new European Community agreements, and a general concerted movement toward international portfolio diversification.
The combination of these factors, plus management's long-term commitment to maintaining a conservative credit profile, should allow the company to make payment on its foreign currency obligations in a timely manner in the event of capital and exchange controls
being imposed by the Brazilian government during a sovereign crisis.
New York (AirGuide Features - Inside Air Travel) Mon, Jul 7, 2014 Delta Air Lines will operate only one flight a week to Venezuela instead of one a day because of difficulties repatriating revenue through the country's exchange controls
8 percent of the devaluation of the kwacha and the removal of a number of exchange controls