Central Bank: remittances from Russia to Ukraine for the first 9 months fell by 2.3 times – to $770 million


MOSCOW, December 21. Remittances from Russia to Ukraine for the first 9 months fell by 2.3 times compared with the same period last year and amounted to $770,5 million, follows from the data of the CBR.

It comes to remittances from Russia carried out via money transfer systems Anelik, BLIZKO, Contact, InterExpress, “Western Union”, “Zolotaya Korona”, “Hummingbird”, “Leader”, “Post”, “Unistream”.

The volume of remittances from Russia to Ukraine for the first three quarters of 2015 was the fourth and made $770,5 million In the first place Uzbekistan ($1.87 billion), followed by location – Tajikistan ($1.05 billion), and the third Kyrgyzstan. Last year during the same period Ukraine was in third place after Uzbekistan and Tajikistan volume of remittances. Thus, in January-September 2014 from Russia to Ukraine was translated at $1.8 billion.

According to the world Bank, Russia is the third country in the world after the United States and Saudi Arabia on remittances abroad. According to the world Bank, in 2014 from the Russian Federation by remittances from abroad sent $32.6 billion For comparison, from the U.S. remittances last year amounted to $56.3 billion, and from Saudi Arabia – $36,9 billion

However, the world Bank experts have noted a significant decline in remittances from Russia abroad in 2015 to the result of the slowing economy and weakening ruble. So, for 9 months 2015 the volume of remittances from the Russian Federation to abroad via money transfer systems fell 2.2 times to us $7,61 billion.