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Foreign exchange certificate
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Foreign exchange certificate
A foreign exchange certificate (FEC) is a tool for foreign exchange control in countries where the national currency is subject to exchange controls or is not convertible. The arrangements vary significantly case by case.
Some of the main types of FEC are:
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Foreign exchange certificate
A foreign exchange certificate (FEC) is a tool for foreign exchange control in countries where the national currency is subject to exchange controls or is not convertible. The arrangements vary significantly case by case.
Some of the main types of FEC are: