Moldovans remittances soared in August, compared to August 2015

The Moldovan migrants sent more remittances in August compared year on year.

Economists explain the increase by improvements in the economies the Moldovans work. It may also be related to preparing children for the new school year.

Thus, in August, the Moldovans sent home $97 mn, 18% more than in August 2015.

43% were euros. The total amount sent from January through August was $745 mn.

That’s 6% -- $40 mn – less than last year , according to the National Bank.

As a rule, the beneficiaries residing in Moldova use the money to buy appliances, houses, and to repair dwellings.

Related news

Lasă un comentariu