KIEV, June 11 – Demand for U.S. dollars in Ukraine will increase “considerably” later this year as many banks prepare to pay off their earlier debts, Petro Poroshenko, the head of the Council of the National Bank of Ukraine, said.

The trend will be a reversal from the current situation as greater supply of hard currency, mostly from investments, forced the NBU to appreciate the hryvnia against the U.S. dollar.