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Volume of remittances to Uzbekistan reaches $16.9 bln

The volume of remittances to Uzbekistan in 2022 reached $16.9 billion (increased 2.1 times). Russia accounted for 85% of the remittances.
In the background of the increased inflow of remittances, the indicators of currency exchange transactions have grown as well. In January-December 2022, banks acquired $11.9 billion of currency from the population, which is 1.7 times more than in 2021. Citizens bought $8.9 billion worth of foreign currency, which is almost twice more than the last year. In general, the volume of supply exceeded demand by $2.9 billion. In addition, the volume of transfers from Uzbekistan to other countries grew by 29%.

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