YEREVAN, November 7. /ARKA/. Armenia received over $1.2 billion in private transfers to individuals for non-commercial purposes within January-September 2012, according to the data published on Armenian Central Bank’s website.
It is 8.6% higher from the analogical period a year earlier, the data confirms.
Remittances from Armenia to foreign countries valued at total $203.7 million in Jan-Sep 2012 against $190.6 million compared to the same period in 2011 ( 6.8% up). Within the reported period the net cash inflow amounted to nearly $982.9 million against about $901.8 from a year earlier (9% rise).
The highest net inflow is reported to be from Russia (over $899.7 million). ($1 – 407.30 drams). —0-
