UkraineAlert
Mar 11, 2015
Ukraine’s Shrinking Hryvnia: How Alarming Is It?
By
Yuriy Gorodnichenko
Kyiv Has Begun the Hard Steps of Reform; IMF and Allies Must Now Deliver Quickly The dramatic plunge last month in the value of the hryvnia, Ukraine’s currency, sparked speculation about an immediate, national economic collapse. Despite the drama—the hryvnia lost more than half of its value against the dollar in February, hitting a record […]