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That's because the Hryvnia, Ukraine's currency, is a volatile currency which is hardly worth the paper it's printed on. It has declined about 20% YTD against th
by charlesdm 11y ago
That's because the Hryvnia, Ukraine's currency, is a volatile currency which is hardly worth the paper it's printed on. It has declined about 20% YTD against the Euro, and about 45% YTD against the dollar. Inflation is also extremely high.