Which nations have a nonconvertible currency?
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Which nations have a nonconvertible currency? |
Answer and Explanation
Verified Answer
A currency which cannot be traded at all in the foreign exchange market is called a non convertible currency. The government imposes complete restriction on conversion of its home ...
Verified Answer
A currency which cannot be traded at all in the foreign exchange market is called a non convertible currency. The government imposes complete restriction on conversion of its home currency. Countries such as Country C, Country N, Country B, Country A and Country CHL have non convertible currency.
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