Currency Coach
  • Currency News
  • Currency Services
  • Broker
  • Foreign Exchange
    • Transfer Money
      • Transfer Now
  • EUR/USD
  • Forex trading
  • Forex Factory
No Result
View All Result
  • Currency News
  • Currency Services
  • Broker
  • Foreign Exchange
    • Transfer Money
      • Transfer Now
  • EUR/USD
  • Forex trading
  • Forex Factory
No Result
View All Result
Currency Coach
No Result
View All Result
Home Transfer Money

Kazakhstan sees growth in remittances abroad via int’l systems

currencycoach by currencycoach
May 4, 2024
in Transfer Money
0
Kazakhstan sees growth in remittances abroad via int’l systems
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter


ASTANA, Kazakhstan, May 4. About 59.3 billion
tenge (about $133 million) was sent abroad from Kazakhstan through
international money transfer systems in March 2024, which is 0.6
percent more than in February (58.9 billion tenge or $132.2
million), Trend
reports.

The data from the Central Bank of Kazakhstan shows that,
compared to February 2024 (184,800 transactions), the number of
translations increased by 4.1 percent and amounted to 192,400
transactions.

In February, the largest number of transfers abroad were made
through Zolotaya Korona, Western Union, Moneygram, and others.

In terms of the volume of money sent from Kazakhstan abroad, the
leaders are: Russia: 20.05 billion tenge or about $45 million
(share 33.8 percent); Türkiye – 14.7 billion tenge or about $33.1
million (share 24.9 percent); and Uzbekistan: 11.2 billion tenge or
about $25.1 million (share 18.9 percent).

Moreover, the main share of transfers through international
systems was carried out in US dollars (share of the total number of
transfers: 26.3 percent, share of the total volume of transfers:
51.8 percent) and in Kazakhstani tenge (60 percent and 36.7
percent, respectively).

Meanwhile, the total volume of money transfers through
international money transfer systems (IMTS) in Kazakhstan amounted
to 196,200 transactions worth 61.5 billion tenge (about $138
million) in March 2024. Compared to February 2024 (187,600
transactions worth 60.3 billion tenge, or $135 million), there is
an increase in the number of transfers by 4.6 percent and in the
volume of transactions by 2 percent.



Source link

Tags: GrowthintlKazakhstanremittancesSeesSystems
currencycoach

currencycoach

Related Posts

Mastering How to Trade in Forex Trading – Forex Factory
Forex trading

Gold Weekly Forecast: Geopolitics Could Push to New ATH – Forex Crunch

June 15, 2025
Mastering How to Trade in Forex Trading – Forex Factory
Transfer Money

15 reasons remittances matter – IFAD

June 14, 2025
Mastering How to Trade in Forex Trading – Forex Factory
Forex trading

Dollar Crushed as Dovish Inflation Data and Trade Tensions Weigh; Euro Surges to Multi-Year High – Action Forex

June 12, 2025

Category

  • Broker
  • Currency News
  • Currency Services
  • EUR/USD
  • Foreign Exchange
  • Forex Factory
  • Forex trading
  • Transfer Money

#ad

Recent News

US and EU break impasse to enable tariff talks – Forex Factory

Chisinau Airport puts currency exchange spaces up for auction – ipn.md

June 16, 2025
US and EU break impasse to enable tariff talks – Forex Factory

US Dollar Price Forecast: Bears in Control as FOMC Statement Looms – GBP/USD and EUR/USD – FXEmpire

June 16, 2025
Mastering How to Trade in Forex Trading – Forex Factory

What is an optimal foreign exchange rate? – Trinidad Guardian

June 15, 2025
  • Privacy & Policy
  • About Us
  • Contact Us

© 2024 Currency Coach

No Result
View All Result
  • Currency News
  • Currency Services
  • Broker
  • Foreign Exchange
    • Transfer Money
      • Transfer Now
  • EUR/USD
  • Forex trading
  • Forex Factory

© 2024 Currency Coach

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.