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Money transfers from Azerbaijan to Georgia increase

Money transfers from Azerbaijan to Georgia increase

Money transfers have increased from Azerbaijan to Georgia, while the number of remittances from Turkey and Russia has dropped.

This information is provided in the May review by the National Bank of Georgia.

In May 2020, the number of remittances received in Georgia decreased by 9.6% in May 2020.

The remittances equaled 131.8 mln USD, while the volume of the money transferred from Georgia dropped by 33.7% and equaled 13.6 mln USD.

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