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Value of money transfers from Kyrgyzstan rises

Kyrgyzstan Materials 11 December 2024 01:14 (UTC +04:00)
Abdullo Janob
Abdullo Janob
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BISHKEK, Kyrgyzstan, December 11. The value of money transfers from Kyrgyzstan via international systems in October 2024 totaled $39.7 million, which is 11.5 percent more than the $35.6 million in September 2024, Trend reports.

According to the National Bank of Kyrgyzstan, of this, $32 million was sent to Commonwealth of Independent States (CIS) countries. Of that, $30.9 million was sent to Russia, $300,000 to Kazakhstan, and $900,000 to other CIS countries.

Moreover, $7.6 million was forwarded to countries outside the CIS. Of that, $6.9 million went to Türkiye, $200,000 to the US, $100,000 to South Korea, and $300,000 to other non-CIS countries.

Moreover, the volume of money transfers to Kyrgyzstan in October 2024 amounted to $272 million, which is 4 percent less than in September ($284.8 million).

The main inflow came from the Commonwealth of Independent States (CIS) countries, totaling $256.7 million. The volume of inflows from countries outside the CIS amounted to $15.3 million.

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