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-

spot_img

POPULAR

IMF mission discusses macroeconomic issues and reforms with Armenian authorities

Armenian Deputy Prime Minister Tigran Khachatryan met with a delegation from the International Monetary Fund (IMF) mission, led by the IMF mission chief for Armenia, Nathan Porter, the Armenian government's press service reported.

Exchange rates of the euro, ruble, and dollar against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.18 points to 363.34 drams on September 28, compared to September 25.

Armenian Government Approves 2027 State Budget Draft

At its meeting on Thursday, the Armenian government approved the draft law "On the State Budget of the Republic of Armenia for 2027," which will be submitted to the National Assembly in accordance with established procedure.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 21–27)

Armenia’s financial agenda this week centered on developing regulatory cooperation, digitizing currency transactions, and expanding capital market instruments.

Central Bank of Armenia has issued a warning regarding illegal activities of credit organization My Fin UCO

The Central Bank of Armenia has issued a warning to the public regarding a company operating on Facebook under the name "My Fin UCO," which offers lending services without the appropriate regulatory license.

LATEST NEWS

spot_imgspot_imgspot_img