Money transfers to Ukraine growing, major inflow from Poland

The volume of private money transfers to Ukraine from Poland grew by 57% in 2017, to $3.1 billion year-over-year.

According to the updated data of the National Bank of Ukraine, money transfers from other EU countries over this period grew by 14%, up to $2.6 billion. Money inflows from the U.S. and Canada increased by 17%, to $0.8 billion, while transfers from Russia decreased by 6%, to $1.3 billion.

Read alsoPoland says Ukrainian workers transfer about $3.84 bln home in 2017As UNIAN reported earlier, Polish Deputy Foreign Minister Bartosz Cichocki said money transfers by Ukrainian citizens from Poland to Ukraine had grown by one and a half times in 2017, to PLN 13 billion, or some UAH 100 billion (nearly $3.84 billion).