| 释义 |
black market premium
noun[ C ]
MONEYukus
the difference between the value of currency on the black market(= illegal system) and its official exchange rate (= value) in relation to another currency:
If a government allows high inflation, a high black market premium on the currency, and high budget deficits, how will foreign aid help?
Examples of black market premium
black market premium
Not surprisingly, stock market returns are negatively related to the blackmarketpremium and inflation at the 5% and 1% levels, respectively.
Policy differences are typically assumed to be embodied in outcomes such as the blackmarketpremium, government spending, inflation, and openness to trade.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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