Sat, 28 February
-0.9 C
Yerevan
USD: 377.00 RUB: 4.88 EUR: 444.78 GEL: 140.99 GBP: 507.97

Net inflow of individual transfers to Armenia grows 15% to AMD 147.5 billion in 2nd Q 2013

YEREVAN, September 18. /ARKA/. Net inflow of individual transfers to Armenia via international money transfer systems grew 15% in the second quarter of this year, compared with the same quarter of the previous year, to AMD 147.5 billion, the Central Bank of Armenia reports in a fresh issue of its quarterly bulletin.

According to it, 821,000 transfers have been operated over the mentioned period. The money transferred to Armenia exceeded 7.5 times the amount sent outside.

The average amount of one transfer was AMD 207,000.

Commercial banks paid AMD 59.1 billion to individuals on correspondent accounts in the second quarter of this year – 24% year-on-year contraction.

The average size of one payment was AMD 4.3 million (more than the 2nd Q 2012 payment by AMD 1.1 million).

Individuals’ transfers abroad on correspondent accounts totaled AMD 57.3 billion (26% year-on-year decline). ($1 – AMD 409.61). —-0—-

spot_img

POPULAR

Assets of Armenian Credit Institutions Grew by 11.93% to AMD 859.9 Billion in 2025

The total assets of Armenia's credit institutions as of December 31, 2025, amounted to AMD 859.9 billion, an increase of 11.93% compared to December 31, 2024.

Rates of euro, dollar and ruble to Armenian dram decreased: Central Bank of Armenia

The average exchange rate of the US dollar to the Armenian dram, formed on the currency market of Armenia as of February 27, 2026, decreased by 0.04 points to 377 drams compared to February 26.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of February 26, 2026, increased by 0.12 points compared to February 25, reaching 377.04 drams.

Armenia’s public debt net of liquid assets will remain stable at 44% of GDP in the medium term – S&P

Taking into account the narrowing budget deficits and high nominal GDP growth, the international rating agency S&P Global Ratings forecasts that Armenia's public debt net of liquid assets will remain broadly stable at a moderate 44% of GDP in the medium term.

“Globbing” LLC’s bonds worth 1.5 billion drams and $2 million have been listed on Armenia Securities Exchange (AMX)

The Armenian Securities Exchange (AMX) today welcomed the entry of one of the leading online shopping companies, Globbing LLC (Global Shipping LLC), to the capital markets.

LATEST NEWS

spot_imgspot_imgspot_img