Blocked Currency

Blocked Currency
Blocked Currency definition :
A currency that is not freely convertible to other currencies due to exchange controls.
Have YOU got what it takes?

blocked currency - Related Articles
Asia: Future Perspectives
Viewpoints ...

BLOCKED CURRENCY - A currency that is not freely convertible to other currencies due to exchange contro...
BLOCKED FUNDS - Cash flows generated by a foreign project that cannot be immediately repatriated to the...

Blocked Currency.
Currency that cannot be freely transferred into convertible currencies and expatriated. Usually synonymous with foreign-owned funds or earnings in countries where government exchange regulations prohibit their expatriation.

Blocked Currency: A currency, which due to inconvertibility or transfer risk, cannot be moved out of the country.

Blocked Currency:
Due to Inconvertibility or Transfer Risk, a currency cannot be moved out of the country.
Bond: ...

Describes a group of shareholders banding together to vote their shares in a single block.
Blocked currency
A currency that is not freely convertible to other currencies due to exchange controls.
Blocked funds ...

For example, an exporter may be prohibited from drawing against an account in a blocked currency, except for internal transfers of funds.
any bank account frozen for political reasons, usually during wartime or national emergency.

which is not freely convertible into other currencies because of government restrictions and regulations. There are generally considered to be three categories of currency: convertible, semi-convertible and non-convertible. The term Blocked currency ...

See also: Exchange controls, Exchange control, Banks, Values, Block voting