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IPFS News Link • World News

Ukraine's 272% Hyperinflation Rate Boosts Bitcoin's Prospects in Eastern Europe

• Coin Telegraph

.... "Using this figure and black-market exchange rate data that the Johns Hopkins-Cato Institute for Troubled Currencies Project has collected over the past year; I estimate Ukraine's current annual inflation rate to be 272 percent – and its monthly inflation rate to be 64.5 percent. This rate exceeds the 50 percent per month threshold required to qualify for hyperinflation. ...


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