However, it is possible for governments to control the legal prices of their currencies and to remove them from the free foreign exchange market by enacting foreign exchange controls.
22.
Despite the currency crisis and possible deficit in the overall capital account, Mar'ie said, the government would maintain its free foreign exchange regime, which had been in place for more than 25 years.
23.
It was also better to move on with new ideas, due to the requirements presidents Lleras Restrepo proponed : 1 ) devalue the currency again, 2 ) import release, 3 ) free foreign exchange market.
24.
"A free foreign exchange regime would still be in place, but exporters would have to park their hard currency at the central bank, " said Bakrie, who is the chairman of the Bakrie Group, the country's largest indigenous Indonesian-controlled conglomerate.
25.
S : The government has introduced all the necessary policies at the macroeconomic level, such as a plan on a surplus budget, the liquidation of insolvent banks and the adoption of a flexible exchange rate system and the free foreign exchange regime.
