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In the First Quarter Physical Entities Received $162.8 Mln. from Russia Through Banks

YEREVAN, May 10. /ARKA/. In the first quarter physical entities received $162.8 million from Russia through banking system which is by 11.3% more than the indicator of the same period of 2009 ($146.2 million).

In the same period from Armenia to Russia $30.1 million was transferred versus $24.4 million in 2009 (increase of 23.5%).

In its result, net flow of money from Russia was $132.7 million in the first quarter versus $121.9 million in the same period of 2009 – increase of 8.9%.

In fact, Russia has 62.2% of all non-commercial transfers to Armenia and about 21.7% of all transfers from the country.—0–

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

US dollar rate down 0.35 points to 397.92 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Armenia’s refinancing rate back to August 2022 level – WB

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Euro exchange rate plunges by 4.12 points to AMD 414.32

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