The longest period of currency stability for Ukraine since Russia annexed Crimea in March won't last much beyond this weekend’s election, according to traders. Eight months after scrapping a currency peg because it was too expensive to maintain, Ukraine central bank governor Valeriya Gontareva decreed Oct. 2 that the "optimal" value for the hryvnia was 12.95 per dollar.
Russia's War Against Ukraine
Bloomberg: Hryvnia stability fleeting as slump set to resume after vote
Valeriya Gontareva, Ukraine central bank governor, has to deal with economic contraction and hryvnia devaluation.
