TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

foreign exchange auction [1 record]

Record 1 1999-01-11

English

Subject field(s)
  • Currency and Foreign Exchange
DEF

Auction of foreign currency, as used in some developing countries, whereby the price obtained for the foreign currency at the auction is the rate of exchange applied until the next auction.

French

Domaine(s)
  • Politique monétaire et marché des changes

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
DEF

Procedimiento de limitación de las importaciones, consiste en la restricción impuesta por las autoridades del país, que dejan en el mercado menos cantidad de divisas de las que precisan los importadores, con lo cual se encarecerá el precio de las mismas y llegarán a desistir de la importación pues, con los precios resultantes, conviene más comerciar productos nacionales.

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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