We can stamp out illegal forex market

Editor, RE:“Public agencies join hands to fight illegal forex market” (The New Times, October 4). If indeed there is no shortage of forex in the market then supply outweighs demand. In such cases, the black market will disappear. But, as long as these black market operators are still around, they are reason to suspect that demand still outweighs supply, and in that case the problem may be how forex prices are set.
no image
Times Reporter