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Russian money transfers to Georgia down 73% in Q1 2024 — National Bank

Money transfers to Georgia from various countries of the world amounted to $814 mln in Q1

TBILISI, April 15. /TASS/. Money transfers from Russia to Georgia totaled $182.8 mln in Q1 2024, which is 73% lower than in the same period in 2023, the National Bank of Georgia reported.

Meanwhile Russia still tops the list of money senders to Georgia, followed by Italy, with $134.9 mln transferred from the country to Georgia in the reporting period (up by 10.7% year-on-year), and the US, with $124 mln transferred (up by 30%).

Money transfers to Georgia from various countries of the world amounted to $814 mln in Q1, down by 35% year-on-year.

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