Bolstering retail sales, remittances from Ukrainians working abroad were down only 5.5% through July

Bolstering retail sales, remittances from Ukrainians working abroad were down only 5.5% through July, compared to the first seven months of last year. Through July, Ukrainians sent home – through banks, money transfer companies and informal channels – almost $6.5 billion dollars, according to the National Bank of Ukraine. Last year, remittances were made at the rate of $1 billion a month.