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non-convertible currency 


non-convertible currency 不可兑换的货币 

A currency that is not available to trade on the forex market,and hence cannot be exchanged for any other currency.In most cases,the reason that the currency is not available is due to restrictions from the national government.Having a non-convertible currency is a severe hindrance for anyone in the country who is trying to conduct business internationally.Also called blocked currency.

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