Real cost of USA dollar in Ukraine makes up 2.71 UAH – The Economist

The real coast of the USA dollar in Ukraine makes up 2.71 UAH. These research data of The Economist magazine are listed in the analytic report of the Economy Ministry of Ukraine concerning the situation on the money market in June 2007.

“Hryvnia is factually underestimated by 46%. Together with countries of South-Eastern Asia, hryvnias enter into top 10 of the most underestimated world currencies. According to the research, "the real coast of the USA dollar makes up 2.71 UAH”, reads the note.