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

Euro and ruble exchange rates against the Armenian dram rose, while the dollar fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 15, 2026, fell by 0.12 points compared to June 12, to 368.06 drams.

Euro fell 4.82 points against the Armenian dram: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of June 18, 2026, increased by 0.13 points compared to June 17, reaching 368.19 drams.

”Teach For Armenia” is the June beneficiary of the ”Power of One Dram”

The May beneficiary of the ''The Power of One Dram'' initiative was the ''Vahe Meliksetyan'' Foundation.

Armenian authorities plan to reduce public debt to below 45% of GDP in the coming years: minister

Armenia plans to reduce public debt to below 45% of GDP in the coming years, Finance Minister Vahe Hovhannisyan announced in parliament.

Armenian tomatoes will be exported to Europe

With the support of Acba Leasing, Prom Group purchased 20 brand-new Volvo trucks, which will be used to export high-quality Armenian tomatoes to Europe as early as July of this year.

LATEST NEWS

spot_imgspot_imgspot_img