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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-

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