Transfers from abroad to Moldova this June up 8.5% on last June

The cash transfers through foreign licensed banks to Moldovans this June came to US$ 117.48 million, an increase of 8.5% comparted with last June, IPN reports, with reference to a press release of the National Bank of Moldova.

The transfers from the EU represented 39.7%, from the CIS – 30.5% and from the rest of the countries – 29.8%. The transfers from Russia accounted for 29.3% (US$34.47m ) of the total, a decrease of 6.4%, from Israel for 16.5 (US$19.43m), from Italy for 12.1% (US$14.25m), from the U.S. for 8.4% (US$9.92m), from Germany for  6.5% (US$7.61m), from the UK for 5.9% (US$6.93m), from France for 3.8% (US$4.41m), from Spain for 1.3% (US$1.52m).

The transfers in dollars represented 45.9 %, a decrease of 3.1% compared with June 2017, in euros – 45.6%, up 4.5%, in Russian rubles – 8.5%, down 1.4%.

In June 2018, compared with the similar period last year, the fluctuations in the exchange rate of currencies against the US dollar contributed 2.7% to the total growth of the value of transfers from abroad to private individuals, but the effective rise in transfers, without the effect of the exchange rate, was 5.8%.

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