Ukraine Quietly Shifts Trade from Dollars to Euros
It’s clear in everything from rental advertisements to foreign trade news— Ukraine is replacing the USD with the Euro. For several reasons, Ukraine is gradually breaking up with the dollar. Over the past year, a subtle but decisive shift has unfolded in the country’s trade: euros are replacing U.S. dollars as the preferred currency. According to the National Bank of Ukraine, the share of euros in Ukrainian exports and imports has grown steadily.
Ukraine Quietly Shifts Trade from Dollars to Euros Read Post »