Friday, 18 January 2008

Moldova: Official remittance at over 1 billion USD

Info-Prim Neo, 17.01.2008

The official remittances exceeded 1 billion USD in 2007 for the first time, Info-Prim Neo reports.

According to the National Bank of Moldova, the Moldovans working abroad over January-November 2007 transferred home about 1.09 billion USD. In November, remittances totalled 117.55 million USD or almost two times more than in January.

Over 75% of the total remittances (818.86 million USD) were transferred through money transfer systems. [Read More]

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