Current:Home > ContactThe cost of a dollar in Ukraine -BeyondWealth Learning
The cost of a dollar in Ukraine
View
Date:2025-04-17 19:06:13
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! (5)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- 1 person shot during scuffle at pro-Israel rally in Boston suburb, authorities say
- Harvey Weinstein indicted in New York on additional charges
- 2024 Emmy Awards predictions: Our picks for who will (and who should) win
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Hank, the Milwaukee Brewers' beloved ballpark pup, has died
- Pac-12 expansion candidates: Schools conference could add, led by Memphis, Tulane, UNLV
- DC police officers sentenced to prison for deadly chase and cover-up
- Trump's 'stop
- Pac-12 adding Mountain West schools sets new standard of pointlessness in college sports
Ranking
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Ruling blocks big changes to Utah citizen initiatives but lawmakers vow appeal
- 2024 Emmy Awards predictions: Our picks for who will (and who should) win
- Prince William’s New Rough and Rugged Beard Takes the Crown
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Colorado mayor, police respond to Trump's claims that Venezuelan gang is 'taking over'
- Katy Perry Reveals Her and Orlando Bloom's Daughter Daisy Looks Just Like This Fictional Character
- Harvey Weinstein indicted in New York on additional charges
Recommendation
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
Election 2024 Latest: Harris concentrates on Pennsylvania while Trump stumps in the West
Arizona man copied room key, sexually assaulted woman in hotel: Prosecutors
Will Ferrell reflects on dressing in drag on 'SNL': 'Something I wouldn't choose to do now'
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
NYPD Commissioner Edward Caban to resign amid FBI corruption probe, ABC reports
How to watch August’s supermoon, which kicks off four months of lunar spectacles
Average rate on a 30-year mortgage falls to 6.20%, its lowest level since February 2023