Ukraine Hyperinflates
Category: WORLDPOST
Since the New Year, Ukraine's currency -- the hryvnia -- has collapsed, losing 51 percent of its value against the U.S. dollar. To put this rout into perspective, consider that the Russian ruble has only lost 8 percent against the greenback during the same period.
By Steve H. Hanke, ContributorProfessor of Applied Economics at The Johns Hopkins University..., 2015-02-27