Ukraine's national currency debt has increased significantly since 2006

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Ukraine’s state and state-guaranteed debt reached 9.54 trillion hryvnias ($212.61 billion) as of September 2024, marking a significant increase from 73.29 billion hryvnias ($14.51 billion) in 2006. This escalation was driven by currency depreciation and a more than two-fold rise in dollar-denominated debt since the end of 2021. The IMF assessed the debt as…

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