In January-November 2022, $2.6 billion was transferred from Russia to Kyrgyzstan via money transfer systems, this is a record. transmits Referring to the Kyrgyzstan National Bank report, TASS. The previous maximum was set in 2021. Then, in 11 months, 2.45 billion dollars was transferred from the Russian Federation to Kyrgyzstan.
“$2.6 billion was sent from Russia to Kyrgyzstan,” TASS quoted Kyrgyzstan’s financial regulator.
According to the Central Bank, mostly labor migrants transferred money from Russia to Kyrgyzstan. 700 thousand – 1 million citizens of Kyrgyzstan currently work in the Russian Federation.
In 2022, most of the money to Kyrgyzstan came from the USA – 51 million dollars. Significant amounts of transfers were also recorded from Turkey and Kazakhstan, of $11 million and $6 million, respectively.
As socialbites.ca previously reported, some foreign banks stopped accepting Russian Mir cards due to fears of US sanctions. A number of banks stopped accepting national cards in Kazakhstan, Turkey, Kyrgyzstan, Armenia, Vietnam, Tajikistan. Especially in Kazakhstan, Halyk Bank refused to accept Mir cards.
Later, the media wrote that Kazakh banks can accept payments and transfers using Mir cards, as well as withdraw cash from ATMs. The financial authorities of the republic received a statement from the US Treasury Department that Russian citizens moving to Kazakhstan are allowed to make a living through the Russian payment system, but will be kept under special supervision to prevent its use. circumvent sanctions
This decision is correct judicial Bulat Sultanov, director of the Kazakhstan Institute for Strategic Studies, in an interview with socialbites.ca. According to him, Russian citizens should have comfortable conditions on the territory of Kazakhstan and use Mir cards.