Legal discipline of foreign exchange transactions and public policy / Disciplina jurídica do câmbio e política pública

AUTOR(ES)
DATA DE PUBLICAÇÃO

2009

RESUMO

This paper aims at discussing the legal framework of foreign exchange transactions in the Brazilian legal system and its relation with public policy. The exchange rate expresses the relation between the exchange of local currency and foreign currency. The rate is subject to the influence of several different factors other than the purchasing power of the relevant currencies (i.e. the terms of foreign international relations and economic policy acts of the respective countries), and does not reflect the notion of equivalence that is present in the determination of price in buy and sell transactions. When exercising the exchange rate policy, the Brazilian government shall act in accordance with the principles and fundamental roles provided for in the Federal Constitution, and shall endeavor the realization of the objectives determined as priority therein. Public policies are an important tool in the realization of those objectives.

ASSUNTO(S)

money ordem econômica legal discipline política econômica direito econômico câmbio (economia) foreign exchange políticas públicas capital (economia) economic policy moedas public policy

ACESSO AO ARTIGO

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