Individual money transfers to Armenia in Jan.-Feb. slash by 6.6% to $158.2 million

09.04.2010 21:27
Individual money transfers to Armenia in Jan.-Feb. slash by 6.6% to $158.2 million

YEREVAN, April 9, /ARKA/. The amount of individual money transfers to Armenia via banks in the first two months of the year slashed by 6.6% year-on-year ($11.1 million) to $158.2 million, the Central Bank of Armenia said in its monthly bulletin.

The volume of money transfers from Armenia to other countries in the period of time under question dropped by 2.6% to $84 million, down from $86.2 million in Jan.-Feb. 2009.

The net inflow of remittances fell by 10.7% year-on-year to $74.2 million, down from $83.1 million in Jan.-Feb. 2009. The largest portion of remittances -$77.4 million- came form Russia. ($1 – 399.45 Drams). -0-


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