Migrant workers transferred to Ukraine $ 100 billion

Заробитчане перевели в Украину 100 миллиардов

At the official exchange rate this amounts to 4.2 billion dollar in

The workers from the beginning of the year transferred to Ukraine more than 100 billion hryvnia, the national Bank reported.

The volume of remittances of individuals to Ukraine in January-July 2019 rose by 13.2 per cent to 106.3 billion UAH at the official rate is 4.2 billion in dollar equivalent. This was reported on the website of the Ministry of economic development, trade and agriculture with reference to the relevant data of the National Bank of Ukraine.

The Ministry said that the growth of remittances to Ukraine is one of the key factors of growth of internal trade.

“… along with the rising purchasing power of households, moderate price dynamics in the consumer market, a significant increase in consumer sentiment, high rates of consumer lending and consumer import non-food goods”, – stated in the message.

Recall that in 2018 the volume of money transfers to Ukraine increased by 19% compared to the previous year and reached $ 14 billion. All of the money listed in the countries of Europe and Central Asia, a quarter is accounted for money transfers to Ukraine.

 

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