Current:Home > StocksThe cost of a dollar in Ukraine -ProsperPlan Hub
The cost of a dollar in Ukraine
View
Date:2025-04-20 00:02:43
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! (226)
Related
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Marcellus Williams' Missouri execution to go forward despite prosecutor's concerns
- 'Bachelorette' Jenn Tran shares her celebrity crush on podcast. Hint: He's an NBA player.
- WNBA and Aces file motions to dismiss Dearica Hamby’s lawsuit
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Trump rules out another debate against Harris as her campaign announces $47M haul in hours afterward
- Award-winning author becomes a Barbie: How Isabel Allende landed 'in very good company'
- Judge tosses some counts in Georgia election case against Trump and others
- South Korean president's party divided over defiant martial law speech
- Award-winning author becomes a Barbie: How Isabel Allende landed 'in very good company'
Ranking
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Tua Tagovailoa concussion timeline: Dolphins QB exits game against Bills with head injury
- In 2014, protests around Michael Brown’s death broke through the everyday, a catalyst for change
- American Airlines flight attendants ratify contract that ends their threats to go on strike
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Guns remain leading cause of death for children and teens in the US, report says
- Election 2024 Latest: Harris concentrates on Pennsylvania while Trump stumps in the West
- An 8-year-old boy who ran away from school is found dead in a neighborhood pond
Recommendation
This was the average Social Security benefit in 2004, and here's what it is now
Under $50 Cozy Essentials for Your Bedroom & Living Room
WNBA and Aces file motions to dismiss Dearica Hamby’s lawsuit
Plants and flowers safe for cats: A full list
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Congressional Democrats push resolution that says hospitals must provide emergency abortions
Remains found in Phoenix are identified as an autistic teen missing for 5 months
South Carolina justices refuse to stop state’s first execution in 13 years