INSUBCONTINENT EXCLUSIVE:
Remittances from Russia have dropped for the first time since Moscow invaded Ukraine last year, the RBC news websitereported Thursday,
in 2022 after hundreds of thousands of Russians fled to neighboring countries in protest against the war and to evade military
conscription.In May, remittances from Russia to Kazakhstan, Georgia, Armenia and Kyrgyzstan totaled $625.9 million, according to RBC,
countries are also known to transfer parts of their Russian earnings back home.March 2022 was the only other time when remittances declined
the drop in money transfers, which include Russian emigres exhausting their Russia-based savings, some choosing to return home and
regulators in destination countries curtailing transfers over fears of secondary sanctions.Money transfers are likely to continue declining
