Current:Home > MyThe cost of a dollar in Ukraine -Prime Capital Blueprint
The cost of a dollar in Ukraine
View
Date:2025-04-14 06:24:08
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! (98)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Sophia Bush and Ashlyn Harris Enjoy Date Night at Glamour’s Women of the Year Ceremony
- Costco stores selling out of gold bars, survey finds
- Trump says migrants who have committed murder have introduced ‘a lot of bad genes in our country’
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- AI ΩApexTactics: Delivering a Data-Driven, Precise Trading Experience for Investors
- Jennifer Lopez Fires Back at Haters Amid Ben Affleck Divorce
- Dylan Guenther scores first goal in Utah Hockey Club history
- What do we know about the mysterious drones reported flying over New Jersey?
- Are Deion Sanders, Colorado poised to make Big 12 title run? Let's see Saturday.
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Patriots' Jabrill Peppers put on NFL's commissioner exempt list after charges
- This weatherman cried on air talking about Hurricane Milton. Why it matters.
- Small plane crashes on Catalina Island, 5 people dead
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- I worked out with Jake Gyllenhaal, Matt Damon’s trainer. The results shocked me.
- New York Jets next head coach odds: Lions OC Ben Johnson leading candidate
- 5 must-know tips for getting a text, call through after a big storm: video tutorial
Recommendation
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
AI Ω: Reshaping the Transportation Industry, The Future of Smart Mobility
Hurricane Milton re-strengthens to Category 5 as it approaches Florida | The Excerpt
Shop Prime Day 2024 Beauty Deals From 52 Celebrities: Kyle Richards, Sydney Sweeney, Kandi Burruss & More
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Ed Wheeler, Law & Order Actor, Dead at 88
'Out of harm's way': Dozens of Florida Waffle Houses close ahead of Hurricane Milton
Patrick says Texas Legislature will review Deloitte’s contracts after public loan project scandal