Money transfers from Azerbaijan to Georgia up 45% in March

In March 2020, $2.4 million was transferred from Azerbaijan to Georgia, up 45.4% from the previous year, Report informs with reference to National Bank of Georgia.

Azerbaijan's share in the total volume of transfers from foreign countries to Georgia made up 1.9%. $1.1 million was transferred from Georgia to Azerbaijan last month.

In the reporting period, Georgia received $ 125.9 million from foreign countries, which is $12.5 million or 9% lower than last year.

During the month, $20.4 million was transferred from Georgia to other countries, up 10.1% from 2019.