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Over $800mln Transferred from Russia to Azerbaijani Individuals in 2007

Business Materials 13 March 2008 14:58 (UTC +04:00)

Azerbaijan, Baku, 13 March / Trend corr. S.Babayeva / In 2007, the money transfers to individuals through postal orders from Russia to CIS countries totaled $9,675mln and $1,856mln was transferred from these countries to Russia.

Under the data by Central Bank of Russia, money transfers from Russia to Azerbaijani individuals totaled $814mln in 2007. The average sum of one transfer totalled $840. A total of $59mln was transferred from Azerbaijan to Russia with an average sum of $1,031 in 2007.

The Congress of world Azerbaijanis reported that there were 3mln Azerbaijanis living in Russia,

A total of $664mln was transferred from Russia to Georgian individuals in 2007, with an average sum of $559 for one transfer.

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