Azerbaijan`s money transfers to Russia have grown

13:00 - 23.09.2020


September 23, Fineko/abc.az. The money transfers of individuals to Russia in the 2nd quarter of this year amounted to $4.83 bn (by 11.5% less versus Q2 of 2019).

And the transfers from Russia for April-June decreased by 14% to $7.24 bn.

ABC.AZ reports with reference to APA that the money transfers from the CIS to Russia lowered by 24%.

The sharpest decrease was recorded on transfers from Tajikistan (76%), while the largest growth was recorded on transfers from Azerbaijan.

Thus, in the 2nd quarter the annual remittances from Azerbaijan to Russia grew by 60%.

 

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