Remittance outflows from Armenia soared by 55% in 2023 to $4 billion in 2023, leading to a 36% YoY decline in net cross-border remittances, the Eurasian Development Bank says in a macroeconomic review for February 2024
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Archive for February 16th, 2024
Remittance outflows from Armenia up 55% to $4 billion in 2023- EDB
Friday, February 16th, 2024EDB expects refinancing rate in Armenia to drop to 8% in the first half of the year
Friday, February 16th, 2024The Eurasian Development Bank (EDB) expects the Central Bank of Armenia to cut the refinancing rate again in the first half of this year
Armenian Card ceases operations in arca.am application
Friday, February 16th, 2024Armenian Card (ArCa) national payment system and processing center said it will cease operations in the arca.am app from April 15, 2024
