Reminiscent of Argentina's Blue Dollar, the real exchange rate between the peso and the US dollar and usually very different from the official rate.
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I thought the Blue Dollar was mostly phased out when they let the peso float at the end of 2015?
I did too, but reading recent news reports, it still exists.[1] I presume that the spread grows when the country is in times of crisis (inb4 "When is Argentina ever not in crisis?"), such as the recent default.
[1] https://www.explica.co/dollar-today-the-blue-dollar-rises-to...
The currency restrictions were reinstated at the end of 2019.