Very informative. How is it to understand that blackmarket is advertised through newspapers?
11
alexander_vi
omoomo,
It is the venue through which people with foreign currency sell them. For example, today's ISK rate is 120 to the dollar. Someone with excess USD just back from a foreign trip may offer, say $1000 for ISK 130,000, through a classified, be it on paper or online. This is what my supplier told me. Iceland being a small place with relatively little cash in the economy, it's probably small enough that there aren't active street markets.
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