YEREVAN, October 7, /ARKA/. Some $942.7 million were remitted to individuals in Armenia via banks in the first eight months of the year, the Central Bank said in its monthly bulletin posted on its official website.
According to official data, the amount was down 5.3% or 52.7 million from a year before. A total of $441.8 million were transferred from Armenia to abroad, down from $444 million a year before. The decline was 0.5%. The net inflow of money transfers in January-August this year amounted to $500.9 million, down from $551.4 million as compared to January-August of 2009. The largest inflow of money transfers, was, as usual, from Russia – $544.8 million. M.M. -0- ($1 – 360.52 Drams). -0-
