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tisdag, oktober 29, 2024

Uzbekistan sees almost threefold surge in cash transfers from Kazakhstan



TASHKENT, Uzbekistan, December 31. The amount
of cash transactions from Kazakhstan to Uzbekistan amounted to 4.6
million for November of 2023, Development stories.

As per knowledge offered by the Nationwide Financial institution of Kazakhstan,
Uzbekistan acquired 17.6 billion Kazakh tenge ($38.5 million) over
the 1 month of 2023, which is 2.6 instances greater than in the identical
interval final yr (6.6 billion tenge or $14 million).

The recorded quantity accounts for 21.7 p.c of the entire
transaction quantity.

Russia and Türkiye ranked first among the many high cash recipients
from Kazakhstan, accounting for 48 and 15 p.c,
respectively.

In the meantime, throughout October 2023, Kazakhstan famous a decline in
the quantity of cash transfers to international nations, registering a
3.8-percent lower in comparison with September.

The commerce turnover between Uzbekistan and Kazakhstan amounted to
$2.19 billion from January via July of 2023, which contains
7.5 p.c of the entire commerce turnover of Uzbekistan.

Furthermore, Uzbekistan exported items price $699.3 million to
Kazakhstan, whereas imports amounted to $1.4 billion.

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