Last month, the remittance volume from Russia to Georgia decreased threefold compared to last year’s figures and amounted to 62.2 million dollars. TASS Citing data from the National Bank of Georgia.
For comparison: In February 2023, 187.3 million dollars came to Georgia from the Russian Federation, the volume of transfers in this direction has been declining since last March and fell below 100 million dollars as of July.
A total of 272.3 million dollars were transferred to Georgia from abroad in February; This is less than a third of the previous year. Russia continues to lead. It accounted for 22.8% of transfers last month. Italy ranks second with a share of 16.1 percent. The USA (15.1%) completed the top three.
Before that in the Russian Federation was recorded a sharp increase in cash withdrawals from cards. According to the Central Bank, in 2023 Russians withdrew a record 33.3 trillion rubles.
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