Current:Home > NewsThe cost of a dollar in Ukraine -Achieve Wealth Network
The cost of a dollar in Ukraine
View
Date:2025-04-16 12:13:18
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! (25629)
Related
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Biden meets with Mexican president and closes out APEC summit in San Francisco
- Logan Airport ‘not an appropriate place’ for migrants arriving daily, Massport CEO says
- Ruling by Senegal’s highest court blocks jailed opposition leader Sonko from running for president
- Current, future North Carolina governor’s challenge of power
- Despite loss of 2 major projects, New Jersey is moving forward with its offshore wind power goals
- The Paris Olympics scales back design of a new surf tower in Tahiti after criticism from locals
- You can watch 'A Charlie Brown Thanksgiving' for free this weekend. Here's how.
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Lobsterman jumps from boat to help rescue driver from stolen car sinking in bay
Ranking
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Guatemalan prosecutors request that President-elect Bernardo Arévalo be stripped of immunity
- Why Sharon Osbourne Cautions Against Ozempic Use After Dropping to Under 100 Lbs.
- Pilot suffers minor injuries in small plane crash in southern Maine
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- COSRX Snail Mucin: Everything You Want to Know About the Viral Beauty Product but Were Afraid to Ask
- Sofía Vergara Reflects on Very Difficult Year After Joe Manganiello Breakup
- Joe Burrow is out for the rest of the season with a torn ligament in his throwing wrist, Bengals say
Recommendation
Could your smelly farts help science?
Biden seizes a chance to refocus on Asia as wars rage in Europe and the Mideast
Chinese court to consider compensation for people on missing Malaysia Airlines flight, relative says
The Paris Olympics scales back design of a new surf tower in Tahiti after criticism from locals
Highlights from Trump’s interview with Time magazine
Miracle dog who survived 72 days in the Colorado mountains after her owner's death is recovering, had ravenous appetite
Bridgerton's Jonathan Bailey Teases Tantalizing Season 3
California fugitive sentenced for killing Florida woman in 1984