The transfers of money from abroad made by private individuals in January – June 2017 came to US$ 551.7 million, an increase of 9.7% compared with the corresponding period last year, IPN reports.

National Bank governor Sergiu Cocleam, in a news conference where he presented the third report on inflation, said the transfers this June totaled US$ 108.3 million, up 10.5% on last June.

Changes are witnessed in the geography of transfers made by private individuals. “Five years ago, remittances from the EU member states represented only 15% of the total. Now they reached the level of 33%. The transfers by private individuals from the CIS states and Russia increased, but their share diminished from two-thirds to one third. The rest of the remittances come from Israel, Turkey, the U.S. and other starts,” said the governor.