Kazakhstan Citizens Send Less Money Abroad as Cross-Border Transfers Decline

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Cross-border money transfers from Kazakhstan declined in January-April, extending a downward trend in outbound remittances. Residents transferred 184.4 billion tenge (US$377.9 million) abroad during the first four months of the year, down from 190.5 billion tenge (US$390.4 million) a year earlier. Incoming transfers also decreased, falling to 63.1 billion tenge (US$129.3 million) from… The post Kazakhstan Citizens Send Less Money Abroad as Cross-Border Transfers Decline appeared first on The Astana Times.