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Transfers to Poland from emigrants reach PLN 4.8bn in Q2 – NBP

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Transfers to Poland from emigrants reach PLN 4.8bn in Q2 – NBP
Source: Pixabay

Transfers to Poland from expatriates amounted to PLN 4.8 billion in the second quarter, up from PLN 4.6 billion in the same quarter last year, the National Bank of Poland (NBP) said.

"In the second quarter 2022, PLN 4.8 billion was transferred into the country from Poles working abroad. This amount consisted of transfers from short-term migrants of PLN 1.7 billion (i.e. 35.5% of the total amount transferred) and from long-term migrants of PLN 3.1 billion (i.e. 64.5% of the total amount). Compared to the same period of the previous year, the total amount of transfers was higher (approximately PLN 0.2 billion)," – the release says.

Germany remained the country with the highest value of remittances. Poles working there transferred PLN 1.6 billion in the second quarter. The United Kingdom ranked second, with PLN 0.8 billion transferred to Poland. Together, remittances from these two countries accounted for 50.7% of all transfers.

Source: PAP 


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