Bishkek, Dec. 14, 2022 / Kabar/. USD 160.4 million were sent from Kyrgyzstan to the countries of near and far abroad in October 2022 via fast transfer systems. This is the second record high in history, according to updated data on the website of the National Bank.
The indicator was achieved due to the increase in transfers to Russia and Turkey. Compared to October last year, the volume of transfers to Russia increased by 1.8 times, and to Turkey - by almost 72 times. So, in October, individuals transferred USD 94.9 million to Russia, and USD 57.3 million to Turkey. But compared to previous months, transfers from Kyrgyzstan to Russia have decreased, while to Turkey, on the contrary, continue to grow.
It should be noted that the first record figure of money transferred from the country remains in September this year. Then individuals sent USD 170.4 million through fast transfer systems.
The outflow growth trend has been observed since the spring of this year, when the amount of money leaving the country increased sharply by more than 2 times - from 35.4 million in March to 79.7 million in April.
The total amount of money leaving the country through fast transfer systems for ten months of 2022 amounted to USD 939.7 million. This exceeds the figure for the same period last year by 2.1 times.
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