MusaibSiyal
Member
- Messages
- 28
- Reaction score
- 20
- Points
- 3
Each country has its own specific rule on dealing with local and foreign currencies. Foreign currencies are generally managed by enactment of special legislation. Citizens can transact in any foreign currency subject to rules. These rules are many time linked with other legislations, for example, investment caps, sectoral investment, and corporate law. This chapter discusses wide range of law, civil and criminal codes, and consequences of violation of law.