It can be called a kind of currency which is often used by the government as the surrogated currency of the country. But it is applicable only in those countries that have complied to subject their national currencies to exchange controls. National currency cannot be treated as forex certificates if it is convertible. The countries like USSR, Myanmar, China, North Korea, East Germany, Ghana, Poland, Czechoslovakia and Cuba tradre some of the countries to have employed forex certificates in the past.Foreign Exchange Certificates system has been introduced because in many countries it was illegal for the foreigners to keep the currency of that country.
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