Russian Central Bank lifts restrictions on money transfers abroad
The Central Bank of Russia is lifting restrictions on foreign currency transfers abroad for both Russian citizens and individuals from "friendly" countries, effective December 8.
The Central Bank of Russia is lifting restrictions on foreign currency transfers abroad for both Russian citizens and individuals from "friendly" countries, effective December 8.
Money transfers from Russia to Georgia have decreased by almost one-quarter this year, while total remittances from all countries have grown by over 6%.
Money transfers from Russia to Georgia totaled $93 mln in January-March, which is 1.9 lower than in the same period last year, according to figures provided by the National Bank of Georgia. Money transfers to Georgia from various …
The Russian Central Bank has reported on money transfers to Azerbaijan from other countries last year, with Russia took first place, sending $497 million to the country.
Over the past year, more than $5.5 billion was transferred to Armenia, with Russia remaining the leader in money transfers to the republic.
Uzbekistan has calculated the total amount of funds transferred from abroad in 2024, which was 30% more than in 2023.
Previously, the Russian Federation was always the leader