“Bring money home”: what awaits money transfers

Foreign exchange cross-border transfers of individuals in 2023 decreased by $26.5 billion, or 48.8%, to $27.8 billion. counted TSB RF. The currency structure of such transfers has not changed, the regulator claims. 46.3% of transfers are made in US dollars, 26.7% in euros, 7.4% in yuan, 7.2% in yen and 12.4% in other currencies. Transfers of own funds and transfers between close relatives account for 62% of all international transfers, payments for goods account for 14%, and other transfers – 24%. The share of friendly countries in the structure of foreign exchange transfers remains stable in the range from 60 to 68%, the regulator explains.

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