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The following is a chart based off of data originally published in the Kyiv-based Center of Economic Strategy’s “Ukraine War Economy Tracker.” The Kyiv Independent is republishing it with permission. Dollar exceeds 40 hryvnias as budget needs grow Average daily official and market exchange rates UAH/USD Cash rate Official rate Source:NBU minfin.com.ua In May, the official dollar exchange rate exceeded 40 hryvias (Hr) per dollar for the first time in history. While the 40 hryvnia mark is perceived to be a worrying threshold, the weakening of the hryvnia is a small but useful help for the Ukrain…

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