Tuesday, 02 January 2024 12:17 GMT

Kyrgyzstan Notes Decrease In Cross-Border Transfers To Russia


(MENAFN- Trend News Agency) BISHKEK, Kyrgyzstan, March 30. Outflows of remittances from Kyrgyzstan to Russia totaled $16.0 million in January 2026, approximately 17% lower than in January 2025 ($19.2 million).

The data obtained by Trend from the country's National Bank indicates that the total remittances to Russia reached $329.1 million throughout 2025, peaking in August ($44.2 million) and hitting lows in November ($17.2 million) and December ($18.8 million).

The average monthly outflow was around $27 million, with steady growth from spring through late summer, followed by a decline in winter.

The data indicates that remittance outflows to Russia remain substantial, representing a significant share of Kyrgyzstan's overall cross-border transfers, although January 2026 saw seasonal weakening.

Overall, despite the January decline, long-term trends remain stable, and the structure of outflows demonstrates predictability and resilience.

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Trend News Agency

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