The Graphic Truth: The cost of the crisis for Ukraine
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.