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Money transfers from Kyrgyzstan to Türkiye reach record high

Kyrgyzstan Materials 11 November 2022 12:46 (UTC +04:00)
Aygun Maherramova
Aygun Maherramova
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BAKU, Azerbaijan, November 11. Money transfers from Kyrgyzstan to Türkiye in September 2022 hit a historical record, counting since the statistics were kept (2005), Trend reports with reference to the National Bank of Kyrgyzstan.

According to the bank, remittances from Kyrgyzstan to Türkiye in September 2022 amounted to $55.3 million, which is more than a fivefold increase compared to August this year ($9.3 million).

Thus, Türkiye in the reporting month ranked 2nd among the countries of the world in terms of money transfers from Kyrgyzstan, whilst Russia ranked first - ($108.6 million).

Overall, the total amount of money sent from Kyrgyzstan in September this year amounted to $170.4 million, which is 27.7 percent more than in August ($133.4 million).

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