The amounts sent from abroad to private individuals through authorized banks this July came to US$105.30 million, up 8.4% on last July. Some 35.3% of the transfers came from the Russian Federation, IPN reports.
According to the National Bank of Moldova, US$ 37.18 million was sent from Russia. The share of 35.3% of the total decreased by 3.8% compared with July 2016. Transfers from Israel represented 15.2% (US$15.98 million), from Italy – 12.4% (US$13.04m), the U.S. – 7.9% (US$8.33m), the UK – 4.9% (US$ 5.20m). Transfers from Germany represented 4.7% (US$4.97 million), from France – 2.7% (US$2.84m), from Turkey – 1.3% (US$1.38 million) etc.
By the type of currency, the transfers in U.S. dollars accounted for 49.7% of the transfers, down 1.1% on July 2016, in euros for 39.3%, up 3.3%, in Russian rubles for 11%, down 2.2%.
The transfers made from abroad to private individuals through authorized banks do not consist only of remittances sent by Moldovans who work abroad, but also of unilateral transfers, such as local transfers, including salaries in favor of resident private individuals from representative offices of non-residents (international financial institutions, international organizations, foreign business entities), etc.
