YEREVAN, June 4. /ARKA/. Private transfers to Armenia through the country’s banking system amounted to about $133.3 million in April, an increase of 1.4% compared to the same period of 2013, The Central Bank of Armenia says on its website.
The increase in transfers in April was 6.1% compared to the month before.
Transfers from Armenia amounted to about $30.3 million against $29.1 million in the same period of 2013. Net inflow was about $102.97 million in the period compared to $102.4 million in April 2013.
The bulk of transfers to Armenia, about 81.8%, are from Russia. Money transfers from Russia to Armenia amounted to about $109 million in April (0.5% decrease); transfers from Armenia to Russia were $17.8mln (1.1% increase).
According to the Central Bank, transfers to Armenia totaled about $1,869.7 million or about 17.3% of GDP in 2013. ($1=413.59drams).–0–
