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Net inflow of money transfers to Armenia from abroad decreased by 1.3% in half-year

YEREVAN, August 6. /ARKA/. The net inflow of private money transfers from abroad through the banking system of Armenia in January-June 2025 amounted to $587.6 million against $595.4 million in January-June 2024, according to the Central Bank.

Thus, this indicator decreased by about 1.3% year-on-year.

At the same time, in June of this year, the net inflow amounted to $75.9 million against $146 million in June last year.

The inflow of private cross-border money transfers from abroad through the banking system in the first half of this year amounted to $2.8 billion against $2.5 billion in the same period last year.

Among the leaders in money transfers to Armenia are Russia with $1.8 billion and the United States with $327.6 million. At the same time, Russia and the United States were the leaders in the first half of last year as well ($1.6 billion and $325.3 million, respectively).

The outflow of money transfers abroad for January-June 2025 amounted to $2.2 billion against $1.9 billion for the same period in 2024.

The UAE ($343.5 million) and Switzerland ($343.3 million) are the leaders in money transfers from Armenia abroad over the six months. In January-June 2024, the leaders were the UAE ($354.5 million) and Russia ($303 million).-0-

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