Current:Home > FinanceThe cost of a dollar in Ukraine -消息
The cost of a dollar in Ukraine
View
Date:2025-04-15 14:47:05
Ukraine has been burning through its emergency stash of U.S. dollars and euros to buy weapons and supplies ever since Russia invaded. To prevent the stash from emptying out, Ukraine has made it harder for locals to convert their money into dollars.
The result is an underground market for dollars, where street dealers set their own rates. If you want to buy dollars right now, it'll cost you a premium. But if you have U.S. dollars to convert into local currency, you can get a great deal.
Today on the show, one Ukrainian who's getting dollars into the country and using the favorable exchange rate to buy more medicine for Ukrainians near the front lines.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (1757)
Related
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Authorities hint they know location of Suzanne Morphew's body: She is in a very difficult spot, says prosecutor
- South Dakota Backs Off Harsh New Protest Law and ‘Riot-Boosting’ Penalties
- Mark Consuelos Reveals Warning Text He Received From Daughter Lola During Live With Kelly & Mark
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- 2 Courts Upheld State Nuclear Subsidies. Here’s Why It’s a Big Deal for Renewable Energy, Too.
- Why Tom Holland Is Taking a Year-Long Break From Acting
- Wednesday's Percy Hynes White Denies Baseless, Harmful Misconduct Accusations
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Key Question as Exxon Climate Trial Begins: What Did Investors Believe?
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- At least 2 dead, 28 wounded in mass shooting at Baltimore block party, police say
- Woman dead, 9 injured after fireworks explosion at home in Michigan
- Nobel-Winning Economist to Testify in Children’s Climate Lawsuit
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Selena Gomez Hilariously Flirts With Soccer Players Because the Heart Wants What It Wants
- If Aridification Choked the Southwest for Thousands of Years, What Does The Future Hold?
- War on NOAA? A Climate Denier’s Arrival Raises Fears the Agency’s Climate Mission Is Under Attack
Recommendation
Stamford Road collision sends motorcyclist flying; driver arrested
Environmental Justice Grabs a Megaphone in the Climate Movement
Anna Marie Tendler Reflects on Her Mental Health “Breakdown” Amid Divorce From John Mulaney
Kathy Griffin Undergoes Vocal Cord Surgery
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
What does a hot dog eating contest do to your stomach? Experts detail the health effects of competitive eating.
Warming Trends: A Hidden Crisis, a Forest to Visit Virtually and a New Trick for Atmospheric Rivers
4 dead after small plane crashes near South Carolina golf course