According to the Big Mac Index, the Ukrainian currency has become the fourth most undervalued. The Ukrainian hryvnia dropped to fourth place in the list of undervalued world currencies in the updated Big Mac Index. A year ago, it was in sixth place, according to data from The Economist for Janu... #BigMacIndex #Hryvnia #Ukrainecurrency
Testifying to the stability of the hryvnia, Ukrainians sold approximately $1 billion in foreign currency since the start of this year, wrote Bohdan Danylyshyn, Head of the Council of the National Bank of Ukraine, on Facebook. Through Tuesday, net sales of foreign currency amounted to $970 million, he writes, citing Central Bank figur... #Hryvnia #Ukrainecurrency #UkraineHryvniain2021
