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Yes. We're literally reading a Bloomberg article reporting on the black market rates. It means the black market is so huge that prices have a centralized market
by tajen 10y ago
Yes. We're literally reading a Bloomberg article reporting on the black market rates. It means the black market is so huge that prices have a centralized market with a unique, well-known rate, information chains to communicate that rate and third parties monitoring it through Bloomberg. I would be joking if I asked Bloomberg about bribe rates variations for IPOs in China or the indexed cost of obtaining the presidency of a country, if only it didn't mean a major governance issue.