Private transfers to Armenia in August increased by 26.3% to $209.4 million

YEREVAN, October 5. /ARKA/. In August 2011, the banking system of Armenia received private transfers in the amount of $209.4 million, increased by 26.3% (about $43.6 million) compared to the same indicator in 2010, informs the official site of the Central Bank of Armenia.

In August 2011, the volume of transfers from Armenia was $83.2 million vs. $61.3 million in August 2010 (growth of 35.8%). Net flow of received money in the reporting period was about $126.2 million vs. $104.5 million in August 2010 (growth of 20.7%).

Net flow in August 2011 compared to the last year increased by $10.7 million or 9.3%.

The largest net flow in August 2011 were transfers from Russia as in August 2010. ($134.9 million drams). ($1 – 375.17 drams). -0-

spot_img

POPULAR

Central Bank to Strictly Monitor Disclosure of Bond Issues – Galstyan

Central Bank of Armenia Governor Martin Galstyan stated the need to closely monitor issuers' disclosures when issuing bonds.

Armenia to Raise OSAGO Payout Limits on April 1 – Reason Given

In Armenia, maximum payout limits for compulsory motor third-party liability insurance (OSAGO) will increase on April 1, 2026.

Euro continued to rise against the Armenian dram, while dollar and ruble weakened again: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of March 18, 2026, fell by 0.07 points compared to March 17, to 377.39 drams.

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

Central Bank of Armenia may switch to hawkish rhetoric and raise rate – Freedom Broker Armenia (EXCLUSIVE)

The likelihood of the Central Bank of Armenia switching to tougher monetary rhetoric and potentially raising the rate in the short term may increase, Rafael Mkrtchyan, Head of Corporate Finance at Freedom Broker Armenia, told ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img