Over $103.3mln sent to Armenia in non-commercial money transfers through banks in February

YEREVAN, April 10. /ARKA/. Private non-commercial money transfers through Armenia’s banking system amounted to a total of over $103.3 million in February, an increase of 24.2% against January, the website of the country’s central bank reported.

Transfers from Armenia abroad totalled $23.9mln in February as compared to $20.6mln in the month before.

Net inflow amounted to about $79.4mln in the reporting month against $62.5mln in January. The greatest inflow was recorded from Russia (about $85mln). ($1=418.77drams).–0–

spot_img

POPULAR

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .

Some 68% of March inflation in Armenia contributed by food and non-alcoholic beverages-WB

In March, Armenia's inflation rose to 4.5 percent (yoy) from 4.3 percent (yoy) in February, according to World Bank's Armenia Monthly Economic Update – April 2026.

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

LATEST NEWS

spot_imgspot_imgspot_img