Questions tagged [black-markets]

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4 votes
1 answer

Why are there two exchange rates for Venezuela's currency?

On DolarToday, the actual exchange rate between BsF (Bolívares fuertes) and the U.S. dollar can be found. However, in other places you will read that the exchange rate is about 6.4:1 (Bolivares ...
18 votes
4 answers

Why do people buy US dollars on the black market?

I was reading news articles about people in Venezuela and Iran getting a poor exchange rate for US dollars on the black market. Why do these people need to buy dollars? Why is it still worth while ...
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