Inflow of individual money transfers in Armenia grows 20.9% in Jan-Nov 2011

YEREVAN, January 13. /ARKA/. The Central Bank of Armenia says $1380.6 million was received in Armenia in Jan-Nov 2011 as individual noncommercial transfers – 23.1% year-on-year growth.
 
 According to the information available on the central bank’s official website, $238.4 million was transferred from Armenia abroad in Jan-Nov 2011 against the $198.5 million sent outside of the country at the same period a year earlier – 20.1% year-on-year growth.
 
Net inflow grew 21% from $943.8 million in Jan-Nov 2010 to $1142.1 million in Jan-Nov 2011.
 
Individual money transfers shrank 2.2% in November, compared with October, to $142.5 million.
 
The largest amount came from Russia in Jan-Nov 2011 ($1028.7 million), just as at the same period a year before. ($1 – AMD 388.16).-0–
spot_img

POPULAR

Acba Group invested $45 million in the creation of an AI factory

To spur the development of artificial intelligence infrastructure in Armenia, Acba Bank and Amundi-Acba Asset Management have invested a total of $45 million in Firebird to establish an AI factory and data center.

Martin Galstyan discussed Armenia’s implementation of the Fund’s structural benchmarks with the IMF mission

Central Bank of Armenia Governor Martin Galstyan held a final meeting with Alexander Timan, head of the IMF mission to Armenia, the regulator's press service reported.

Euro fell 2.02 points against the Armenian dram: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on March 26, 2026, fell 0.18 points compared to March 26, to 377.18 drams.

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: 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 March 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

FINTECH360 International Conference to Bring Together 500 Participants in Yerevan

The FINTECH360 International Conference will bring together over 500 participants in Yerevan from April 27 to 29, welcoming senior industry executives from banks, money transfer companies, payment platforms, IT firms, and startups representing more than 30 countries.

LATEST NEWS

spot_imgspot_imgspot_img