KYIV, Nov 27 – The volume of remittances by labor migrants to Ukraine this year is expected to exceed $11 billion, Deputy Governor of the National Bank of Ukraine Oleg Churiy said.

"The numbers will be slightly higher than last year, but there is a clear tendency to slowdown in the pace of labor migration. This is due to the fact that incomes in Ukraine are growing quite quickly, the nominal growth in wages is about 20%," Churiy said.