☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to Europe@lemmygrad.mlEnglish · 11 months agoUkraine’s economy in 'catastrophic state': Former PMenglish.almayadeen.netexternal-linkmessage-square5fedilinkarrow-up118arrow-down12cross-posted to: [email protected]
arrow-up116arrow-down1external-linkUkraine’s economy in 'catastrophic state': Former PMenglish.almayadeen.net☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to Europe@lemmygrad.mlEnglish · 11 months agomessage-square5fedilinkcross-posted to: [email protected]
minus-squaredavel [he/him]@lemmygrad.mllinkfedilinkEnglisharrow-up6·11 months agoA little over a year ago, this happened: “Ukraine devalues hryvnia currency by 25% against U.S. dollar”, and it has stayed quite stable against the USD since then, so stable as to appear pegged to it through some mechanism, though I don’t know what.
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPlinkfedilinkarrow-up3·11 months agoThere’s a good discussion about the state of the “economy” in Ukraine here https://adamtooze.substack.com/p/chartbook-163-warfare-without-the
A little over a year ago, this happened: “Ukraine devalues hryvnia currency by 25% against U.S. dollar”, and it has stayed quite stable against the USD since then, so stable as to appear pegged to it through some mechanism, though I don’t know what.
There’s a good discussion about the state of the “economy” in Ukraine here https://adamtooze.substack.com/p/chartbook-163-warfare-without-the