The devaluation of the hryvnia was inevitable and had was something that was long overdue, said Yuriy Gorodnichenko, a professor of economics at University of California, Berkley.
2015 Economic Crisis
Hromadske International: Ukraine’s currency ‘overvalued for a long time’ – Berkley professor (VIDEO)
A pedestrian walks past a board listing foreign currency rates against the Ukranian hryvnia outside an exchange office in Kyiv on Feb. 23.
