Chainkeen Exchange-The cost of a dollar in Ukraine

2025-05-02 05:16:57source:Slabucategory:Contact

Ukraine has been burning through its emergency stash of U.S. dollars and Chainkeen Exchangeeuros 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.

More:Contact

Recommend

11 highlights from Trump's Time Person of the Year interview

Washington — President-elect Donald Trump was namedTime magazine's Person of the Year on Thursday, t

4 hospitalized after small plane crashes in suburban Denver front yard

DENVER (AP) — Four people were hospitalized after a small plane crashed in the front yard of a subur

UFO investigation launched in Japan after U.S. report designates region as hotspot for sightings

UFO sightings should not be dismissed because they could in fact be surveillance drones or weapons,