Fri, 9 January
-2.9 C
Yerevan
USD: 381.39 RUB: 4.74 EUR: 445.43 GEL: 141.58 GBP: 512.86

Non-commercial remittances to Armenia increased by 16.2% in September – World Bank

YEREVAN, November 25. /ARKA/. In September, net non-commercial money transfers to Armenia continued double-digit growth (16.2 percent, yoy), according to the World Bank’s Armenia Monthly Economic Update – November 2025.

This was driven by a 60 percent (yoy) increase in net inflows from Russia, representing 63 percent of total net inflows, and a 3.7 percent (yoy) rise in net inflows from the United States.

According to the Central Bank of Armenia, in September of this year, the net inflow of non-commercial money transfers to Armenia amounted to $24.8 million, compared to $21.6 million in September of last year.-0-

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

ARKA news agency wishes everyone a Happy New Year and Merry Christmas

Dear readers! As we approach the end of this year, we want to express one crucial sentiment: thank you for your trust and engagement.

Euro rises  against Armenian dram, while US  dollar and ruble fall

The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market onDecember 30, 2025, fell by 0.1 points compared to December 29, to 381.36 drams.

LATEST NEWS

spot_imgspot_imgspot_img