Foreign exchange

Capital Controls, Currency Crises and Black-Market Rates

Capital and exchange controls, devaluations, parallel and black-market rates, currency crises

15 questions · 7 topics
Why is Bitcoin priced higher in emerging markets?Jan 5, 2024Capital ControlsWhy would a country ban private use of cryptocurrencies?Apr 9, 2023Currency ControlsWhy does Nigeria have a parallel exchange rate market for the naira?Jun 8, 2020Parallel Market RatesWhy can’t newer money transfer services (like TransferWise/Wise and WorldRemit) send money from some emerging markets where demand exists?Dec 2, 2019Capital ControlsHow much cash can I legally carry on an international flight (e.g., Karachi → Bangkok or Karachi → Dubai)?Feb 5, 2019Currency ControlsWhat is the best way for an expat in a war-torn country to protect savings from a total currency collapse?May 1, 2017Currency DevaluationHow might Bitcoin influence financial crises?Feb 1, 2017Capital ControlsIs there a way to bypass Venezuela’s strict FX controls using Bitcoin?Sep 1, 2016Currency ControlsWhen a country devalues its currency to fix a balance-of-payments crisis, how does that positively and negatively affect people’s standard of living?Mar 4, 2016Currency DevaluationSomalia’s currency is unrecognized internationally—what does that mean and what are the consequences?Feb 7, 2015Currency ConvertibilityHow can someone make money while traveling by exploiting differences in exchange rates?Sep 7, 2014Parallel Market RatesWhat does it mean to endorse money on a passport?Jul 1, 2014Currency ControlsHow do countries intentionally reduce the value of their currency?Jun 5, 2014Currency DevaluationHow do countries intentionally devalue their currency?Jun 5, 2014Currency DevaluationWhy is the RBI unable to stop the rupee from depreciating against the dollar and other currencies?Jul 1, 2013Currency Devaluation