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Money transfers from US to Kyrgyzstan increase

Kyrgyzstan Materials 28 May 2022 14:59 (UTC +04:00)
Money transfers from US to Kyrgyzstan increase
Aygun Maherramova
Aygun Maherramova
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BAKU, Azerbaijan, May 28. The money transfers from US to Kyrgyzstan increased in March 2022 compared to the previous month, Trend reports with the reference to the National Bank of Kyrgyzstan.

Money transfers from US to Kyrgyzstan in March 2022 amounted to $5.2 million, which is an increase of 33.3 percent, compared to $3.9 million in February 2022.

The US ranks second among the countries with the largest remittances to Kyrgyzstan in March 2022, while Russia is on the first place with $139.6 million.

Overall, the total value of money transfers to Kyrgyzstan in March 2022 amounted to $153.4 million, which is a decrease of 18.2 percent, compared to $187.6 million in February 2022.

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