The official rate moved up [to 1510]. The street price jumped at first…The gap between the official rate and the street rate actually got smaller. It was more than twenty percent before. It is now closer to ten or twelve percent…The real test is the next few days and weeks…If real importers and traders can get dollars through the banks at the new official price without trouble, the street market loses its old edge…If too many stay outside the banks, the gap stays open…The change was deliberate. It squeezed the old street game and pushed more of the flow toward the formal side. :Militia Man
