Over $388 million received in Armenia in Jan-Apr 2012 as individual noncommercial remittances

08.06.2012 17:39
Over $388 million received in Armenia in Jan-Apr 2012 as individual noncommercial remittances

YEREVAN, June 8. /ARKA/. More than $388 million came to Armenia between January and April 2012 as individual noncommercial transfers – this amount is 8.7% greater than that received over the same period a year before.

According to the information available on the central bank’s official website, $83.9 million was transferred from Armenia abroad in Jan-Apr 2012 against $73.3 million in Jan-Apr 2011 – 14.4% year-on-year growth.

Net inflow amounted to $304.2 million in Jan-Apr 2012 against $283.8 million in the same period a year earlier – 7.2% year-on-year growth.

As usual, the largest portion of remittances – over $270 million – came from Russia, as much as in the first four months of 2011. ($1 – AMD 413.24). -0-


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