Current:Home > FinanceThe cost of a dollar in Ukraine -CoinMarket
The cost of a dollar in Ukraine
View
Date:2025-04-16 02:45:03
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! (3389)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- How Demi Moore blew up her comfort zone in new movie 'The Substance'
- Penn State removes its student newspaper racks over concerns about political ads
- Federal authorities subpoena NYC mayor’s director of asylum seeker operations
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Lizzo Responds to Ozempic Allegations After Debuting Weight Loss Transformation
- How Demi Moore blew up her comfort zone in new movie 'The Substance'
- Over 137,000 Lucid beds sold on Amazon, Walmart recalled after injury risks
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- New Jersey Devils agree to three-year deal with Dawson Mercer
Ranking
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Freddie Owens executed in South Carolina despite questions over guilt, mother's plea
- Patriots coach Jerod Mayo backs Jacoby Brissett as starting quarterback
- Upset alert for Miami, USC? Bold predictions for Week 4 in college football
- Arkansas State Police probe death of woman found after officer
- Feds extradite man for plot to steal $8 million in FEMA disaster assistance
- Feds extradite man for plot to steal $8 million in FEMA disaster assistance
- NFL analyst Cris Collinsworth to sign contract extension with NBC Sports, per report
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Kristen Bell Reveals Husband Dax Shephard's Reaction to Seeing This Celebrity On her Teen Bedroom Wall
Kristen Bell Reveals Husband Dax Shephard's Reaction to Seeing This Celebrity On her Teen Bedroom Wall
Civil War Museum in Texas closing its doors in October; antique shop to sell artifacts
Senate begins final push to expand Social Security benefits for millions of people
Florida deputy accidentally shoots and kills his girlfriend, officials say
California fire agency employee arrested on suspicion of starting 5 blazes
Moment of Sean Diddy Combs' Arrest Revealed in New Video