markets.

Outside of traditional financial institutions, some people also work as 🎅 independent cambistas. Often called "black market" or'street' changeres! These individually usuallly operate In countriES with astrict currency exchange comcontrolS; where 🎅 there is A significant difference rebetweenthe doficial and blackmarkeexChangel rates?They buys frerecciem from travelersa OR Buzinesseisat à lower RaTE And 🎅 sell to m dett - higher britte", making for profit With it spread: Howver que ethi primeiro (type das reactivity 🎅 Is thattens leillegal & can

result in severe

penalties.