Russia's share in remittances from abroad to Azerbaijan fell to 63%

Out of $1,654.8 million transferred to Azerbaijan from abroad in 2023, Russia accounted for $1,047.5 million. This was reported by the Central Bank of Azerbaijan. According to the data, as compared to 2022, Russia's receipts declined by 64.7% and a share of remittances in that country fell from 82% to 63.3%. In return, remittances from Turkey to Azerbaijan grew by 34.5% to $164.3 million, and that country's share in receipts rose fr...

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