cepo cambiario

Spanish

Etymology

Literally, “exchange shackle”.

Pronunciation

  • IPA(key): /ˌθepo kamˈbjaɾjo/ [ˌθe.po kãmˈbja.ɾjo] (Spain)
  • IPA(key): /ˌsepo kamˈbjaɾjo/ [ˌse.po kãmˈbja.ɾjo] (Latin America, Philippines)
  • Syllabification: ce‧po cam‧bia‧rio

Noun

cepo cambiario m (plural cepos cambiarios)

  1. foreign exchange control, in particular concerning the US dollar, to avoid capital flight and inflation
    Synonym: cepo
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