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Finance 19/12/2017 Remittances from Russia to Uzbekistan exceed US$780m in 3Q
Remittances from Russia to Uzbekistan exceed US$780m in 3Q
Tashkent, Uzbekistan (UzDaily.com) -- Total turnover of remittances between Uzbekistan and Russia in the third quarter of 2017 made up US$797 million, which is 19.85% more compared to the same period in 2016, the Central Bank of Russia said.

According to the Russian financial regulator, the volume of remittances from Russia to Uzbekistan in the third quarter of 2017 reached US$780 million. The growth made up 21.11% compared to the same period in 2016.

At the same time, US$17 million of remittances were transferred from Uzbekistan to Russia in the third quarter of 2017, which is 15% less than in the same period of 2016.

The amount of one transaction from Russia to Uzbekistan in the reporting period increased from US$476 to US$519 and from Uzbekistan to Russia fell from US$1,295 to US$1,099.

In the first nine months of 2017, remittances from Russia to Uzbekistan totaled US$1.72 billion (US$1.37 billion in the first 9 months of 2016), and from Uzbekistan to Russia - US$49 million ($68 million).

The Central Bank of Russia noted that the data cover such systems as Anelik, BLIZKO, Contact, InterExpress, UNIStream, Western Union, Zolotaya Korona, LEADER, Russian Post.

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