Current:Home > MyThe cost of a dollar in Ukraine -CoinMarket
The cost of a dollar in Ukraine
View
Date:2025-04-12 15:56:38
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! (16656)
Related
- North Carolina justices rule for restaurants in COVID
- Women’s World Cup rematch pits United States against ailing Dutch squad
- As Twitter fades to X, TikTok steps up with new text-based posts
- Pamela Blair, 'All My Children' and 'A Chorus Line' actress, dies at 73
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Education Department investigating Harvard's legacy admission policies
- Sarah Jessica Parker Shares Rare Insight Into Family Life With Her and Matthew Broderick's Kids
- Wrexham striker Paul Mullin injured in collision with Manchester United goalie Nathan Bishop
- The Daily Money: Spending more on holiday travel?
- Ecuador suspends rights of assembly in some areas, deploys soldiers to prisons amid violence wave
Ranking
- Sam Taylor
- The IRS has ended in-person visits, but scammers still have ways to trick people
- It's hot out there. A new analysis shows it's much worse if you're in a city
- Florida rentals are cooling off, partly because at-home workers are back in the office
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Pamela Blair, 'All My Children' and 'A Chorus Line' actress, dies at 73
- New Congressional bill aimed at confronting NIL challenges facing NCAA athletes released
- As Twitter fades to X, TikTok steps up with new text-based posts
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
'A great man': Chicago Blackhawks owner Rocky Wirtz dies at age 70
Xbox Game Pass Ultimate is a new way to play—try one month for just $1
500-year-old manuscript signed by Spanish conquistador Hernando Cortés returned to Mexico
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
US heat wave eyes Northeast amid severe storms: Latest forecast
Jason Aldean blasts cancel culture, defends Try That in a Small Town at Cincinnati concert
Pedestrians scatter as fire causes New York construction crane’s arm to collapse and crash to street