EDB: Cross-border remittance inflow to Armenia increased to $5.9 billion in 2025, net inflow by 8.6%

YEREVAN, March 18. /ARKA/. Cross-border remittance inflow to Armenia increased by 2.4% year-on-year in 2025, reaching $5.9 billion, according to the Eurasian Development Bank’s March macroeconomic review.

According to the bank’s analysts, the net inflow of cross-border remittances increased by 8.6% year-on-year. The main contributors were transfers from Russia, the United States, and the United Kingdom.

Fund outflow from Armenia increased slightly, by 0.3% year-on-year, primarily to Switzerland, Russia, and Israel. The EDB also notes that the net inflow of non-commercial transfers, including transfers to households, increased by 24.5% in 2025 after declining in 2023 and 2024, which provided additional support to domestic demand.

spot_img

POPULAR

Sona Ishkhanyan elected Chairperson of Acba Bank Board

Sona Ishkhanyan has been elected as Chair of the Acba Bank Board.  

Armenian commercial banks paid 28.65 billion drams in various taxes in Q1

All 17 Armenia-based commercial banks are included in the list of the 1,000 largest taxpayers in the first quarter of 2026, having paid a total of 28.65 billion drams to the state budget, according to data released today by the State Revenue Committee.

Euro, dollar, and ruble exchange rates against the Armenian dram 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 April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

Armenia’s gross reserves rose to $5.5 billion in March, providing 4.1 months of import coverage – WB

Gross reserves in Armenia increased to $5.5 billion at the end of March, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."

Euro ups against Armenian dram, while US dollar and Russian ruble drop

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 27, 2026, decreased by 0.27 points compared to April 23, to 371.56 drams.

LATEST NEWS

spot_imgspot_imgspot_img