Remittances to Ukraine down 4% over nine months – NBU

Most of the funds came from the U.S. and Israel.

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The volume of remittances to Ukraine via money transfer systems in January-September 2019 amounted to more than $1.7 billion (in dollar equivalent), the figure 4% lower year-on-year, according to the National Bank.

Most of the funds came from the United States (18%) and Israel (14%), the central bank reports.

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It is noted that over the reporting period, remittances from Ukraine via money transfer systems amounted to $275 million (in dollar equivalent), with most of them addressed to Russia (31%) and Georgia (11%).

It is also reported that the volume of money transfers within Ukraine over the said period stood at $5.3 billion.

As UNIAN reported earlier, money transfers within Ukraine in 1H 2019 were up 33.5% y-o-y, to UAH 93.280 billion, or $3.465 billion.

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