February 22, 2022
Ever since Russia started amassing troops along Ukraine’s border and the West began warning about an invasion, Ukraine’s President Volodymyr Zelensky has tried projecting a sense of calm, while noting that alarm bells hurt his country’s fragile economy. Whoever you think is to blame, one thing is clear: the crisis has taken a toll on the Ukrainian currency, the hryvnia, which has shed nearly 10% of its value against the US dollar since November. Here’s a look at how the hryvnia has performed through some key headlines and diplomatic moves along the way.
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