YEREVAN, June 11. / ARKA /. The amount of non-commercial individual remittances sent to Armenia trough the banks in April 2018 grew by 14.7% year-on-year to more than $125.4 million, the Central Bank of Armenia said in a statement, posted on its official website.

According to the Central Bank, the amount of remittances to Armenia in 2018 April was down 8.5% when compared with the previous month.
Remittances form Armenia to other countries amounted to about $93.7 million from $86.2 million in

April 2017, but compared to 2018 March they were down by 6.17%. As a result, the net amount of remittances to Armenia in April 2018 increased by 37.6% to $31.6 million when compared to the same period in 2017, but opposed to the previous month they were down 14.8%.

Categories: Economy @en, General news, News, News of the hour, Новости | Comments Off on Non-commercial remittances to Armenia grew by 14.7% in 2018 April year-on-year to more than $125.4 million

Tags: Armenia, Non-commercial, remittance

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Private remittances sent to Armenia mostly by labor migrants in the first seven months of 2015 for non-commercial purposes were 30.3% down from the year earlier totaling about $674.3 million, according to the Central Bank’s monthly bulletin for July 2015

Categories: Economy @en, General news, News, News of the hour | Comments Off on Private remittances to Armenia slash by 7 percent in seven months

Tags: Armenia, Percent, remittance

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