Black marketrandom walkefficiencyThis research aims to answer questions such as , can black market rate for foreign exchange in Sudan be considered a reliable indicator of free exchange rate? And how far the actual black market rate diverge from its real level had the unrealistic speculative or ...
Daily Black Market (Lagos Parallel Market) Exchange Rates for Dollar to Naira, Euro to Naira, Pound to Naira, Cedi to Naira, CFA XOF to Naira, and CFA XAF to Naira
Noun1.black market- people who engage in illicit trade market- the customers for a particular product or service; "before they publish any book they try to determine the size of the market for it" black marketeer- someone who engages illegally in trade in scarce or controlled commodities ...
black market an ‘unofficial’ market that often arises when the government holds down the price of a product below its equilibrium rate and is then forced to operate a RATIONING system to allocate the available supply between buyers. Given that some buyers are prepared to pay a higher price,...
To this end the operation of the parallel or black market for US dollars in Greece during the recent float is investigated. A series of tests is employed in order to examine the role of changes in agents' expectations about the official exchange rate in determining the black market premium. ...
Dollar To Naira Exchange Rate Today Black Market The exchange rate of the US dollar to naira for today is N690. This is the most likely price at which one will be able to exchange his dollars at the parallel market. While it may be possible to get a lesser rate, such as the “low...
The data confirm the predicted response of the black market rate to devaluation, as well as the sensitivity of official exports data to movements in the black market rate.Access through your organization Check access to the full text by signing in through your organization. Access through your ...
Instead, other factors which might drive the black market premium such as interest rate differentials appear to be more relevant in explaining why the black market premium is positively related with increases in income inequality.doi:10.1080/00036840210134530...
Check the latest black market exchange rates for US Dollar (USD), Euro (EUR), and British Pound (GBP) to Nigerian Naira. Stay updated daily.
Parallel market rates for the U.S. dollar, which had gone up to as high as 1 U.S. dollar to 6.50 RTGS (local) dollars for electronic transfers and 1 U.S. dollar to 5 RTGS dollars in cash, tumbled to as low as 1 U.S. dollar to 5 RTGS dollars for electronic transfers and 1 ...