4.7 • 9.2K Ratings
🗓️ 5 April 2022
⏱️ 10 minutes
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0:00.0 | NPR. |
0:12.1 | In a terrible war, you can kind of forget that millions of Ukrainians are still working |
0:17.3 | their normal jobs. |
0:19.6 | That's especially true in the majority of Ukraine, which is not under Russian occupation. |
0:24.6 | In between curfews and aeratirons, many Ukrainians are still buying coffees from cafes, |
0:31.6 | they're still paying their phone and electricity bills, and to do that, they're using their |
0:37.5 | banks. |
0:38.5 | And maybe surprisingly, Ukraine is managed to avoid a financial collapse despite being |
0:43.4 | pummeled by Russian bombs. |
0:45.9 | That's because there's been this mammoth effort to keep the banking system running during |
0:49.8 | this war. |
0:50.9 | We keep the money flowing requires radical actions from the top at Ukraine Central Bank, |
0:55.9 | all the way through to the worker who's loading up the ATMs with cash. |
1:01.3 | And how Ukraine has managed this is by following the playbook from really any financial disaster. |
1:07.7 | This is the indicator for plenty of money. |
1:09.9 | I'm Adrian Ma. |
1:10.9 | I'm Darien Woods. |
1:11.9 | Today on the show, an international economist tells us four steps to keep your banks running |
1:16.2 | during a crisis, and a Ukrainian banker tells us how that's playing out on the ground while |
1:21.4 | trying to keep his staff safe. |
1:23.2 | I will not tell you many details. |
1:25.2 | We cannot openly say many things. |
... |
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