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Finance
14/09/2012
Remittance turnover between Uzbekistan and Russia grows by 20.95%
Remittance turnover between Uzbekistan and Russia grows by 20.95%
Tashkent, Uzbekistan (UzDaily.com) --
Total volume of money transfers between Uzbekistan and Russia grew from US$1.141 billion in the second quarter of 2011 to US$1.38 billion in the same period of 2012. The growth rate made up 20.95%, the Central Bank of Russia said in its report.
Total sum of remittances from Russia to Uzbekistan rose from US$1.067 billion to US$1.237 billion in the reporting period. The growth rate made up 15.94%.
Average sum of one operation from Russia to Uzbekistan made up US$542 in April-June 2012 against US$566 in the same period of 2012, the regulator said.
The Russian Central Bank said that the volume of money transfers from Uzbekistan to Russia reached US$107 million in the second quarter of 2012 compared to US$75 million in the same period of 2011 (+42.67%) and average sum of one transaction rose from US$1,582 to US$1,834.
Uzbekistan leads on the volume of transactions among the CIS states in the reporting period. Tajikistan and Ukraine followed Uzbekistan. The volume remittances of Tajikistan and Ukraine with Russia made up US$916 million and US$711 million respectively in the second quarter of 2012.
The Central Bank of Russia monitors such money transfer systems as Anelik, BLIZKO, Coinstar Money Transfer, Contact, InterExpress, Migom, MoneyGram, PrivatMoney, UNIStream, Western Union, Aziya Express, ALLYUR, Blitz, Bystraya Pochta, Zolotaya Korona and LIDER, as well as Pochta Rossii.
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