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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?


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.

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