Overall, in 10M25, money transfers increased by 7.1% y/y to US$ 3.0bn. We expect money transfers at US$ 3.6bn in 2025 - Galt&Taggart weekly review reads.
Money transfers increased by 13.4% y/y to US$ 318.7mn in Oct-25, following a 12.1% y/y growth in previous month. Among the top countries, inflows grew from the EU (+15.2% y/y, 46.6%), the USA (+16.5% y/y, 18.6% of total), Russia (+20.2% y/y, 13.0% of total), Israel (+13.9% y/y, 7.5% of total) and Türkiye (+18.1% y/y, 3.4% of total). In contrast, transfers declined from Kyrgyzstan (-18.4% y/y, 2.4% of total) and Kazakhstan (-14.2% y/y, 2.0% of total).
