The national currency has taken a serious hit since the start of the year, but the conflict with Russia is only partially responsible for its decline.
What You Need to Know:
✓ The hryvnia continues to hit new historic lows on a monthly basis and it is the worst performing currency in the world this year;
✓ The government is trying to stabilize the currency, but has had mixed success;
✓ The currency’s devaluation is the result of balancing reforms with maintaining stability;
✓ The Ukrainian hyrvnia is not in real danger unless it fails to secure further loans from international donors;
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