Baku, Azerbaijan, May 10
By Fikret Dolukhanov – Trend:
The volume of international money transfers received by individuals in Uzbekistan in January-April 2018 amounted to $1.3 billion, the press service of the Central Bank of Uzbekistan stated on May 10.
Reportedly, out of the total amount of funds, $28.5 million were given in national currency.
In November 2017, Uzbekistan made possible transfers in national currency with automatic conversion.
The Central Bank also noted increase in money transfers in soums, which is “an evidence of a decline in demand for cash in foreign currency”.
Since the beginning of 2018, $269.1 million have been sent from Uzbekistan, including $28.8 million being sent in soums.
The statistical data on money transfers are published by the Central Bank for the first time.
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