Bolstering retail sales, money transfers into Ukraine during the first half of the year were nine times greater than transfers out of the country
Wednesday, August 15, 2018

Bolstering retail sales, money transfers into Ukraine during the first half of the year were nine times greater than transfers out of the country

Bolstering retail sales, money transfers into Ukraine during the first half of the year were nine times greater than transfers out of the country, reports the National Bank of Ukraine. Through June, $1.2 billion came in through 35 money transfer systems, compared to $140 that was sent out. The top sources of money sent into Ukraine were: USA – 15%; Israel – 13%; Russia – 10%; Italy – 8%; and Poland – 7%. From the two neighboring countries, Poland and Russia, migrant workers hand carry home at least twice the official transfer amounts. The top destinations for outgoing money transfers were: Russia – 38%; Georgia – 9%; China – 6%; Azerbaijan – 5%; and Uzbekistan – 4%.

Previous post
Three companies have submitted bids for a $221 million tender to build a 6 km northern extension to Kyiv’s Green Metro line.

Three companies have submitted bids for a $221 million tender to build a 6 km northern extension to Kyiv’s Green Metro line.

Next post
Slovakia’s NAFTA believes it is close to winning final approvals from Kyiv to start work this fall on the massive Eastern Ukraine oil and gas field abandoned by Royal Dutch Shell PLC.

Slovakia’s NAFTA believes it is close to winning final approvals from Kyiv to start work this fall on the massive Eastern Ukraine oil and gas field abandoned by Royal Dutch Shell PLC.

Previous Main Topics