Current:Home > ContactThe cost of a dollar in Ukraine -Streamline Finance
The cost of a dollar in Ukraine
View
Date:2025-04-25 10:31:01
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! (5117)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Paul Lynch, Irish author of 'Prophet Song,' awarded over $60K with 2023 Booker Prize
- Rosalynn Carter, former first lady, remembered in 3-day memorial services across Georgia
- What is a Beaver Moon, and when can you see it?
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Pope Francis getting antibiotics intravenously for lung problem, limiting appointments, Vatican says
- The Excerpt podcast: American child among hostages freed Sunday during cease-fire
- David Letterman returns to The Late Show for first time since 2015 in Colbert appearance
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- A critically endangered Sumatran rhino named Delilah successfully gives birth in Indonesia
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Indiana couple, 2 dogs, die when single-engine plane crashes in western Michigan after takeoff
- EU border agency helping search for missing crew after cargo ship sinks off Greece
- It's holiday cookie baking season: Try these expert tips to make healthy cookies.
- Nevada attorney general revives 2020 fake electors case
- Hamas to release second group of Israeli hostages after hours-long delay, mediators say
- As Trump’s fraud trial eyes his sweeping financial reports, executive says they’re not done anymore
- Rosalynn Carter, former first lady, remembered in 3-day memorial services across Georgia
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Second group of Hamas-held hostages released after hours-long delay; temporary cease-fire holds
Sister Wives' Janelle and Christine Brown Respond to Kody’s Claim They're Trash Talking Him
Dolly Parton's cheerleader outfit can teach us all a lesson on ageism
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
NFL playoff picture after Week 12: Ravens keep AFC's top seed – but maybe not for long
Miles from treatment and pregnant: How women in maternity care deserts are coping as health care options dwindle
Elon Musk visits Israel to meet top leaders as accusations of antisemitism on X grow