Ukraine’s hryvnia dropped another 7.7% today to 11 per dollar today.
According to Bloomberg, the currency has now dropped 19% in the past four days.
The country continues to be in chaos. Earlier today, armed men took control of a parliament building in Ukraine’s Crimea region. Meanwhile, fugitive president Viktor Yanukovych remains on the run. According to the AP, he was last seen in a hotel in Moscow.
Ukraine’s leaders are currently seeking a bailout of as much as $US35 billion.
Here’s a four-year chart from Reuters’ Jamie McGeever showing the weekly percentage decline: