Current:Home > ScamsThe cost of a dollar in Ukraine -FundGuru
The cost of a dollar in Ukraine
View
Date:2025-04-15 09:31:36
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! (89)
Related
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Biggest dog in the world was a towering 'gentle giant': Here's who claimed the title
- Savannah Guthrie Teases Today's Future After Hoda Kotb's Departure
- New York Yankees back in ALCS – and look like they're just getting started
- Grammy nominee Teddy Swims on love, growth and embracing change
- Tampa Bay Times keeps publishing despite a Milton crane collapse cutting off access to newsroom
- Video shows Coast Guard rescue boat captain hanging on to cooler after Hurricane Milton
- It’s not just Fat Bear Week in Alaska. Trail cameras are also capturing wolves, moose and more
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Witnesses can bear-ly believe the surprise visitor at Connecticut governor’s estate
Ranking
- Meta donates $1 million to Trump’s inauguration fund
- Appeals court revives lawsuit in fight between 2 tribes over Alabama casino
- Why Remi Bader Stopped Posting on Social Media Amid Battle With Depression
- Dodgers silence Padres in Game 5 nail-biter, advance to NLCS vs. Mets: Highlights
- 2025 'Doomsday Clock': This is how close we are to self
- Taco Bell returns Double Decker Tacos to its menu for limited time. When to get them
- Golden Bachelorette's Guy Gansert Addresses Ex's Past Restraining Order Filing
- Vince Carter headlines 13 inductees into Naismith Basketball Hall of Fame this weekend
Recommendation
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Transit systems are targeting fare evaders to win back riders leery about crime
Texas man drops lawsuit against women he accused of helping his wife get abortion pills
Colorado has become Coach Prime University, sort of. Not everyone thinks that’s OK.
The Best Stocking Stuffers Under $25
Opinion: Hurricanes like Milton are more deadly for disabled people. Prioritize them.
Opinion: Hurricanes like Milton are more deadly for disabled people. Prioritize them.
Solar storm unleashes stunning views of auroras across the US: See northern lights photos