Money transfers to private persons exceed 640 million dollars in Moldova in first half of 2018

Chisinau, 27 July /MOLDPRES/ -The money transfers to private people, in the net value, exceeded 640 million dollars in the first half of 2018. The remittances maintained at a high rate of increase during the first six months of this year and reached an average of 16 per cent, according to data by the National Bank of Moldova (BNM), made public today.

The volume of money transfers from abroad to private persons through banks of Moldova returned to a strong increase recorded before the crisis triggered by the ‘’one billion theft.’’ The maximal amount for this period was reached in last May, when financial means in an equivalent sum of 126 million dollars were transferred.

According to BNM, in last June, 117.48 million dollars was transferred from abroad to private people through licenced banks, up by nine million dollars more against the same period of the year before.

The structure of currencies in which transfers are made changed against the last year. About 45.9 per cent of the transfers to private people were made in dollars, against 49 per cent in June 2017, followed by transfers in euros – 45.6 per cent (41.1 per cent in 2017) and 8.5 per cent in Russian roubles, against 9.9 per cent in June 2017.

The National Bank warns that the private persons transferring and receiving money through the money remittances system can have the citizenship of any states. The origin and purpose of the money transferred can be different. The data include the discounts with banks from Moldova, without the banks from the left bank of Dniester.   

(Reporter V. Bercu, editor L. Alcaza)