Take the 2-minute tour ×
Economics Stack Exchange is a question and answer site for economists and graduate-level economics students. It's 100% free, no registration required.

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 to buy dollars at an unfavorable black market rate? Why would Venezuela want to block the sale of dollars?

share
comments disabled on deleted / locked posts

migrated to money.stackexchange.com by Turukawa Apr 28 '12 at 17:19

This question belongs on our site for people who want to be financially literate.

Browse other questions tagged or ask your own question.