The volume of transfers from Russia to Georgia fell to a minimum since the beginning of the year
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In July, Russians transferred $73.8 million to Georgia. This is 42.9% less in dollar terms than a month earlier. Year-on-year reduction was 26.6%. This is evidenced data National Bank of Georgia. In previous months, the volume of transfers from the Russian Federation also decreased. Thus, in June they decreased by 17.9% compared to May and by 44.1% year-on-year.
Russia still remains the leader in terms of transfers to Georgia from all countries. It accounts for just under a quarter (24.3%) of the total. However, back in March, the share of the Russian Federation exceeded 50%. Then the Russians transferred more than $223 million to the country.
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