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Russia Ranks First in Terms of Money Transfers to Georgia

Russia Ranks First in Terms of Money Transfers to Georgia

The month of June recorded an upturn in money transfers to Georgia. Total money transfers constituted 117.7 million USD (+2% m.m; +27%Y.Y), including 33.5% was remitted from Russian Federation.

Ratio of top 5 major donor countries with more than 10 million USD transfers exceeded 70%.

Million USD
Russia 39.443
USA 12.198
Italy 11.778
Greece 11.628
Israel 10.445