Tubeloom

Transfer Moratoria (Bilateral/Multilateral Methods)

>> Sunday, September 27, 2009

Under this system, the payments for the imported goods or the interest on foreign capital are not made immediately but are suspended for a predetermined period called as period of moratorium. A country adopts this method of exchange control for temporary solving its payments problems.

0 comments:

  © Free Blogger Templates Skyblue by Ourblogtemplates.com 2008

Back to TOP