Money transfers this April up about 6% on last April

The amounts transferred from abroad to private individuals in Moldova through licensed banks this April came to US$104.63 million, an increase of 5.9% on last April. The largest transfers came from the European Union and the Commonwealth of Independent States, IPN reports, with reference to the National Bank of Moldova.

Remittances from Russia added up to US$ 22.65 million, down 5.6 compared with April 2018, from Israel to US$ 19.82 million, from Italy to US$ 12.98 million, from the U.S. to US$ 8.54 million.

Transfers in euros represented 54.1%, up 5.3%, in U.S. dollars –  41.2%, down 1.2%, in Russian rubles – 4.7%, a 4.1% decrease.

In January – April 2019, bank transfers from abroad in favor of Moldovans totaled US$ 381.50 million, by 3.8% less compared with the corresponding period last year.

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