Currency exchange controls are found most frequently in:

Question

Quizplus · Accepted Answer

Developing countries often implement currency exchange controls in order to manage their currency values, protect foreign reserves, and reduce economic volatility. Developed countries, on the other hand, tend to have more open and flexible exchange rate policies. Countries with pegged exchange rates may also have exchange controls, but this is not always the case. The presence of exchange controls is not necessarily linked to the democratic nature of a country.

Currency Exchange Controls Are Found Most Frequently In