KYIV, Feb 23 - The volume of money transfers to Ukraine through money transfer systems in 2017 decreased by 4.4%, to $2.37 billion.

According to a report posted on the website of the National Bank of Ukraine (NBU), the volume of transfers from Ukraine in 2017 decreased by 18.8%, to UAH 286 million, while within Ukraine it increased by 21.4%, to $4.45 billion.

The NBU notes Ukraine remains a recipient country for cross-border transfers. In 2017 the amount of funds received in Ukraine using international money transfer systems was eight times higher than the amount sent out of it.