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Remittances from abroad 30% down on last year


https://www.ipn.md/en/remittances-from-abroad-30-down-on-last-year-7966_1022222.html

The National Bank of Moldova said a sum of over US$662 million was transfered from abroad through licensed banks to private individuals in January-July 2015, a decrease of 30% compared with the same period last year, IPN reports.

According to the central bank, the decline is mainly due to the impact of the exchange rates of the original currencies against the U.S. dollar.

The money transfers to private individuals from abroad represent the sums sent home through the national banking system, including the international transfer systems.