Economy
Posted: 4 years ago

Money Transfers in July Rise by 22.1%

In July 2020, the volume of money transfers from abroad constituted 188.7 million USD (578.0 million GEL), which is 22.1% (34.2 million USD) more than the amount in July 2019, reported National Bank of Georgia (NBG).

94.6% per cent of the total money transfers from abroad came from 18 largest partner countries, with the volume of transfers from these countries each exceeding 1 million USD in July 2020. In July 2019 the share of these 18 countries constituted 93.4% per cent of the total volume of money transfers, said NBG.