Current:Home > NewsThe cost of a dollar in Ukraine -BrightFutureFinance
The cost of a dollar in Ukraine
View
Date:2025-04-14 23:13:17
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! (234)
Related
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Mud and debris are flowing down hillsides across California. What causes the slides?
- Horoscopes Today, February 6, 2024
- Another year, another Grammys where Black excellence is sidelined. Why do we still engage?
- What do we know about the mysterious drones reported flying over New Jersey?
- A booming bourbon industry has Kentucky leaders toasting record growth
- Olympian Gabby Douglas Officially Returning to Gymnastics, Reveals Plans for 2024 Paris Olympics
- Why AP called the Nevada Democratic primary for Joe Biden
- Why members of two of EPA's influential science advisory committees were let go
- 'We broke up': Internet-famous Pink Shirt Couple announces split to 20 million followers
Ranking
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Minnesota woman accused of trying to get twin sister to take fall for fatal Amish buggy crash
- What’s next as Trump tries to stave off his 2020 election trial? All eyes are on the Supreme Court
- Anna “Chickadee” Cardwell Shares Hope of Getting Married Prior to Her Death
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Bank plans to auction posh property owned by West Virginia Gov. Jim Justice to repay loans
- Meta says it will label AI-generated images on Facebook and Instagram
- Ex-'Mandalorian' star Gina Carano sues Lucasfilm, Disney for wrongful termination
Recommendation
Retirement planning: 3 crucial moves everyone should make before 2025
Florida zoo welcomes furry baby Hoffman’s two-toed sloth
A diamond in the rough: South Carolina Public Works employee helps woman recover lost wedding ring.
Workers who cut crushed quartz countertops say they are falling ill from a deadly lung disease: I wouldn't wish this upon my worst enemy
Senate begins final push to expand Social Security benefits for millions of people
Tiger King’s Carole Baskin asks Florida Supreme Court to review defamation lawsuit ruling
Olympian Gabby Douglas Officially Returning to Gymnastics, Reveals Plans for 2024 Paris Olympics
Incubus announces 2024 tour to perform entire 'Morning View' album: See the dates