Money Transfers from Russia Down by 62% in January

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Money Transfers from Russia Down by 62% in January

In January 2025, money transfers from Russia to Georgia decreased by 62.41% compared to the same period of last year and amounted to USD 25.47 million, according to the data of the National Bank of Georgia. Despite the decrease, Russia remains one of the leading countries on the list. One of the reasons for the decrease in money transfers from Russia, is the outflow of the Russian citizens from Georgia. In total, remittances in January this year…