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15 Apr, 13:46

Money transfers from Russia to Georgia down 29% in March — National Bank

Money transfers to Georgia from various countries of the world totaled $291.86 in March, down by 3.89% compared with the same period last year

TBILISI, April 15. /TASS/. Money transfers from Russia to Georgia totaled $37.8 mln in March, which is 29% lower than in the same period last year, according to figures provided by the National Bank of Georgia.

In monthly terms, money transfers from Russia to Georgia increased by 24.8% in the reporting period, according to the regulator.

Money transfers to Georgia from various countries of the world totaled $291.86 in March, down by 3.89% compared with the same period last year. The US was the biggest money sender (18.85%) as $55.01 mln were transferred from the country to Georgia, followed by Italy (17.29%) with $50.46 mln transferred, and Russia (12.97%).