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World’s Best-Performing Currency Cools Ukrainians’ Lust to Leave

Retail At Auchan Holding SA Supermarket As Ukraine's Economy Recovers At Sluggish Pace
Photographer: Vincent Mundy/Bloomberg

For Bohdan Myts, the strength of Ukraine’s hryvnia was a bonus as he quit a construction job in Poland and moved back to his homeland.

The 31-year-old returned to the former Soviet republic in April for similar work, with the currency jump meaning he can buy more pricey imported goods, as well as U.S. dollars -- a popular store of wealth for many Ukrainians after multiple boom-bust cycles since communism fell.