Over $388 million received in Armenia in Jan-Apr 2012 as individual noncommercial remittances

YEREVAN, June 8. /ARKA/. More than $388 million came to Armenia between January and April 2012 as individual noncommercial transfers – this amount is 8.7% greater than that received over the same period a year before.

According to the information available on the central bank’s official website, $83.9 million was transferred from Armenia abroad in Jan-Apr 2012 against $73.3 million in Jan-Apr 2011 – 14.4% year-on-year growth.

Net inflow amounted to $304.2 million in Jan-Apr 2012 against $283.8 million in the same period a year earlier – 7.2% year-on-year growth.

As usual, the largest portion of remittances – over $270 million – came from Russia, as much as in the first four months of 2011. ($1 – AMD 413.24). -0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 19–25)

The financial agenda in Armenia over the past week focused on the performance of the banking sector for the first nine months of 2026, the development of the bond market, and enhancements to financial regulation.

Central Bank of Armenia conducts currency interventions to prevent market turmoil – Galstyan

In the face of a significant influx of foreign capital, the Central Bank of Armenia periodically conducts currency interventions to prevent serious turmoil in the currency market.

Central Bank of Armenia plans to implement Open Banking and change its approach to bank licensing – Galstyan

The Central Bank of Armenia plans to implement the concepts of Open Banking and Open Finance in the coming years, as well as change its approach to banking licensing. This was stated by Central Bank Chairman Martin Galstyan in an interview with Hetq.

An increase in refinancing rate will not necessarily lead to higher loan prices: Head of Central Bank

An increase in the refinancing rate does not necessarily mean higher loan prices, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

AMX held an auction to place government bonds worth 70 billion drams

YEREVAN, October 30. /ARKA/. On October 29, the Armenia...

LATEST NEWS

spot_imgspot_imgspot_img