Ukrainian Hryvnia


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Ukrainian Hryvnia

The currency of the Ukraine. It was introduced in 1996, replacing the karbovanets following a period of hyperinflation in the latter. Since its introduction, it has been pegged to the U.S. dollar at various values.
References in periodicals archive ?
117,906,152 Ukrainian hryvnia, or as of the date of appraisal
Banks scrambled to introduce the rouble as an official currency alongside the Ukrainian hryvnia, although the switch could take place at the end of the month after March pensions and salaries are cleared, banking sources said.
News of the fresh credit fromRussiafailed to cheer the currency market, where the troubled Ukrainian hryvnia fell by up to 1.
News of the fresh credit from Russia failed to cheer the currency market, where the troubled Ukrainian hryvnia fell by up to 1.
It added that "based on our expectations of Russia's support" Standard and Poor's no longer expected a devaluation of the Ukrainian hryvnia.
Businesses everywhere will be happy to attract football fans' custom, but at present it seems that the number of those wishing to convert sterling into Ukrainian hryvnia will be decidedly lower than many expected.
The newly added currencies, including the Singapore Dollar, Russian Ruble, and Ukrainian Hryvnia, help provide merchants with even greater access to well-established and developing markets.
The crisis has seen the Ukrainian hryvnia slump and one banker told AFP residents had begun to "panic" and were scrambling to move their savings into other currencies, while businesses have been exporting capital out of the country.

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