Dictionary
 Open and Collaborative
 Home page

Meaning of corralito en españa




John Rene Plaut

corralito en españa
  16

CORRALITO (in Spain) . A pen is a restriction decreed by a government that consists in blocking citizens' access to their banking funds, to prevent them from withdrawing their money at the same time, sinking the financial system. It also refers to the freezing of deposits in strong currency and the repayment in current currency, devalued, with which creditors lose their savings, paid at vile price, for the benefit of the State. .

  



  ADD NEW MEANING  




       

          


This website uses your own and third party cookies to optimize your navigation, adapt to your preferences and perform analytical work. As we continue to navigate, we understand that you accept our Cookies Policies