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Increase in money transfers to Georgia

2009-11-18 13:17

In October 2009 the volume of money transfers to Georgia from abroad has increased by USD 300 thousand amounting to USD 80.7 mln in total as compared to September.

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According to the information of the National Bank of Georgia October's increase in money transfers is mainly due to the growth in remittances from Russia. In October USD 44.6 mln were transferred from Russia to Georgia, USD 700 thousand more than in September.

Ukraine ranks second in money transfers to Georgia - USD 6.2 mln, the USA comes third - USD 5.9 mln, Greece is positioned fourth - USD 5.8 mln.

In October 2009 Georgia transferred USD 6.5 mln abroad which is USD 200 thousand more than in September.

Georgia's money transfers to Russia increased by USD 100 thousand as compared to September and constituted USD 2.678 mln.

 

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