Money transfers between Uzbekistan and Russia increase 1.5 times in 2011
Uzbekistan, Tashkent, April 11 / Trend D. Azizov /
The volume of money transfers between Uzbekistan and Russia increased by 48.9 percent to $4.575 billion in 2011, the Russian Central Bank said today.
In particular, the volume of money transfers from Russia to Uzbekistan last year increased by 49.8 percent to $4.262 billion and from Uzbekistan to Russia by 37.9 percent to $313 million.
The average amount of money transfer from Russia to Uzbekistan in 2011 amounted to $602 dollars compared to $584 a year earlier, from Uzbekistan to Russia - $1,616 compared to $1,375.
Uzbekistan is a leading country among the CIS countries in terms of money transfers from Russia. Tajikistan ranks second in terms of transactions from Russia - $3.166 billion, Ukraine - third. About $2.607 billion was transferred there. Uzbekistan was also the leader in the volume of money transfers from Russia among physical entities in 2010.
According to the Russian Central Bank, $3.072 billion was transferred from Russia to Uzbekistan in 2010. The main recipients of money transfers from Russia were Tajikistan - $2.216 billion, Ukraine - $1.809 billion in 2010.
The Russian Central Bank stressed that the data cover such systems as Anelik, BLIZKO, Coinstar Money Transfer, Contact, InterExpress, Migom, MoneyGram, PrivatMoney, UNIStream, Western Union, AsiaEkspress, ALLURE, Blitz, Bistraya Pochta, Golden Crown, Leader and Russian Mail.