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Russia Takes Ukraine’s Spot in Currency Abyss: Chart of the Day

After annexing Crimea and backing a separatist war in Ukraine, Russia is showing it’s more vulnerable than its neighbor on the currency front.

The CHART OF THE DAY shows the Russian currency extended its plunge this year to 49 percent, overtaking a 48 percent drop in Ukraine’s hryvnia. The ruble is falling faster as a slump in oil and sanctions by the U.S. and the European Union push the economy of the world’s largest energy exporter toward a recession. The losses by the two currencies are the biggest among more than 150 peers tracked by Bloomberg.