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Visa reveals how much Russians spent in Armenia during New Year holidays

21.01.2019 18:44

Visa reveals how much Russians spent in Armenia during New Year holidays

YEREVAN, January 21. /ARKA/. During the New Year holidays (from January 1 to January 10, 2019) Russian tourists used their Visa banking cards to spend 20 billion rubles (about $300 million), RBC reported, citing Visa data.

It said Russians’ spending abroad during this time span increased by 5.2%, if calculated in rubles and decreased by almost 10% if calculated in US dollars, as opposed to the same period last year (19 billion rubles, about $330 million). The differences are explained by the growth of the greenback against the ruble in 2018 by more than 20%.

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