Venezuela is undergoing a major ... buy dollars on the cheap and flip them on the black market for a profit. That has created shortages of hard currency, which in turn fuels shortages of imported ...

By this point, the gap between the black market dollar rate and ... of economic insecurity that has plagued Venezuela for a time. The disparity between currency values and consumer prices ...

But while the strong bolivar's official exchange rate will be fixed as 2.15 to $1, the black market rate has hovered around the equivalent of 5.60 to $1 recently. Venezuela's currency has long ...

A court in the United States has sentenced the former head of Venezuela's treasury ... to then sell the dollars at a huge profit on the black market. In exchange, he received bribes worth $ ...

Now it’s falling apart By Ioan Grillo / Caracas | Photographs by Alvaro Ybarra Zavala In Venezuela the food ... businessmen turned to the black market, where exchange rates soared.

Joules Garcia / Investopedia A black market is ... As a result, the currency underground market is flourishing in nations like Argentina, Iran, and Venezuela. Sometimes, an underground market ...