Individual Transfers to Armenia Grow 4.2% in Jan-May 2010

YEREVAN, July 8. /ARKA/. The Central Bank of Armenia says $479.9 million has come to Armenia through banks over the period between January and May 2010 as individual noncommercial transfers.

This amount is 4.2% ($19,200) greater than that received at the same period a year before.

According to the central bank’s report, $244.3 million was sent abroad from Armenia in Jan-May 2010 against $208.4 million transferred at the same period of the previous year (17.2% year-on-year growth).
Net inflow totaled $235.5 million against $252.3 million a year earlier (1.3% growth).

The greatest amount came from Russia – $251.4 million. ($1 = AMD 368.73). –0—

spot_img

POPULAR

Moody’s Ratings affirms Unibank’s B1 ratings with a stable outlook

Moody's Ratings affirmed Unibank B1 long-term local and foreign currency bank deposit ratings and maintained the stable outlook.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly:  Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 16, 2026, increased by 0.15 points compared to June 15, reaching 368.21 drams.

Core inflation in Armenia rose to 5% and continues its upward trend – WB

Core inflation in Armenia rose to 5% (y/y) in May, exceeding the headline inflation rate and continuing its upward trend, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

Euro and ruble exchange rates against the Armenian dram rose, while the dollar fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 15, 2026, fell by 0.12 points compared to June 12, to 368.06 drams.

VTB (Armenia): Instant transfers to Russia are becoming increasingly popular

Retail clients of VTB (Armenia) continue to actively use the free transfer service to MIR cards of Russian recipients. Over the past six months, transfer volume has grown by 40%.

LATEST NEWS

spot_imgspot_imgspot_img