Kyrgyzstan notes decrease in cross-border transfers to Russia

Kyrgyzstan notes decrease in cross-border transfers to Russia



Kyrgyzstan notes decrease in cross-border transfers to Russia

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.

Read More

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *