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Finance 07/06/2017 Volume of money transfers from Russia to Uzbekistan makes up US$377 million in 1Q
Volume of money transfers from Russia to Uzbekistan makes up US$377 million in 1Q
Tashkent, Uzbekistan (UzDaily.com) -- Total turnover of remittances between Uzbekistan and Russia made up US$394 million in the first quarter of 2017, which rose by 39.1% compared to the same period in 2016, according to data of the Central Bank of Russian.

According to the Russian financial regulator, the volume of remittances from Russia to Uzbekistan in January-March 2017 reached US$377 million. The growth rate made up 47.1% compared to January-March 2016.

At the same time, about US$17 million of remitteances were transferred from Uzbekistan to Russia in the first quarter of 2017, which is 37% less than in the same period in 2016.

The size of one transaction from Russia to Uzbekistan in the reporting period increased from US$335 to US$398 and from Uzbekistan to Russia fell from US$1251 to US$658.

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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