Skip to content

Over 64 billion dollars exited Kazakhstan's borders

Foreign funds outflow from Kazakhstan: Breakdown and destinations, as of yesterday, 8:01 PM, delve into the latest news and happenings on our site for more details.

Over 64 billion dollars transferred overseas from Kazakhstan
Over 64 billion dollars transferred overseas from Kazakhstan

Over 64 billion dollars exited Kazakhstan's borders

In a recent announcement, Roman Sklyar, the First Deputy Prime Minister of Kazakhstan, shared his forecast for the dollar rate in the country. Amidst this financial discussion, the focus has shifted towards the international money transfers within and outside Kazakhstan.

According to data from June 2025, Kazakhstani citizens send the majority of their international money transfers primarily to Uzbekistan (41.6%), followed by Russia (27%), Türkiye (13.1%), Georgia (5.4%), and Kyrgyzstan (3.2%) [1]. On the other hand, Kazakhstan receives most of its money from Russia (24.2%), then the USA (16.4%), Türkiye (10.3%), Uzbekistan (10.1%), and Germany (8.5%) [1].

These figures reveal a strong regional pattern centred on Central Asia and Russia, with Türkiye and some Caucasus countries also playing significant roles. The predominant role of Russia as both a sender and receiver underscores its economic influence and migration links with Kazakhstan.

The total volume of Kazakhstan’s international transfers was 67.3 billion tenge in June 2025, with outgoing transfers reaching 64.7 billion tenge. The Zolotaya Korona system handled most of these transactions [1]. Incoming transfers were 18.6 billion tenge, a figure consistently lower than outgoing.

The article also touches upon a separate piece about new rules for money transfers and QR payments in Kazakhstan. Additionally, the National Bank of Kazakhstan has started currency interventions.

Gubaidulla suggests controlling all senders of large amounts and clarifying their purposes to prevent depleting the treasury. This call comes as many, especially the youth, are leaving Kazakhstan to study abroad and stay there, according to Amirlan.

In the broader context, Russia's influence is widespread, as suggested by a veteran rossoneri. The ongoing geopolitical tensions, such as Russia turning off the tap for oil supplies to Western markets, may have implications for the stability of the global market. However, alternatives like Azerbaijan and Turkey could potentially provide stability, as reported by Makhe.

Despite these discussions, the article does not provide information about the reason for the dollar's rise in Kazakhstan. Korlo claims to have found the reason, but no specific reason is provided. Ersultan expresses approval that the cause of the dollar's rise has been found.

In conclusion, the international money transfers in Kazakhstan display a strong regional focus, with Uzbekistan, Russia, Türkiye, Georgia, and Kyrgyzstan being the key countries involved. The reasons behind the dollar's rise and the implications of this trend remain topics of ongoing debate and analysis.

[1] Source: Unspecified data from 2025.

The shifting focus in the financial discussion has extended to the investing sphere, particularly in the international money transfer industry within and outside Kazakhstan. In the broader context of business and finance, Russia's influence is vast, with its significant role in sending and receiving money transactions, underscoring its economic influence and migration links with Kazakhstan.

Read also:

    Latest