Minnis plans for the liberalization of the administration of the countrys
exchange control regime is expected to promote greater opportunities for Bahamian investors and small and medium-sized businesses/enterprises (SMEs).
The Ukraine National Bank has relaxed currency
exchange controls.
Within the former group of companies the most important was was CANTV the present paper demonstrates that, with the exception of the CANTv shares, the influence of global factors on the portfolio of ADRs in the BvC was insignificant before the imposition of
exchange controls.
Exchange controls used to be the standard response of countries with balance-of-payments crises.
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).
This paper will investigate the impact that the relaxation of
exchange controls within European economies has had on the interdependence of European equity markets.
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.
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.
