In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

YEREVAN, April 20. /ARKA/. In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank’s Armenia Monthly Economic Update – April 2026 .

This was driven by a modest 10 percent (yoy) increase in net inflows from Russia (accounting for 57 percent of total net inflows) alongside a 9.6 percent (yoy) rise of inflows from the United States (accounting for 42 percent of total net inflows). Net inflows from other countries fell 74.5 percent (yoy), although they account for only 1.3 percent of the total.

According to the Central Bank of Armenia, in February 2026, the net inflow of non-commercial money transfers to Armenia sent through the banks, amounted to approximately $47 million, compared to $44.6 million in February 2025. -0-

spot_img

POPULAR

Central Bank of Armenia explained in what cases it intervenes in the foreign exchange market

The Central Bank of Armenia intervenes in the foreign exchange market when the market becomes one-sided, stated Central Bank Chairman Martin Galstyan.

Central Bank: Armenia’s international reserves exceed record $5.7 billion

Armenia's international reserves have reached a record high, exceeding $5.7 billion, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

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.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 8-14)

The week in Armenia's financial market was influenced by decisions by international financial institutions, currency dynamics, capital market data, and the debt agenda.

Reverse mortgages for pensioners and new property rights for spouses are being introduced in Armenia

At its session on Thursday, the National Assembly of Armenia adopted in the first reading amendments to the Civil Code of the Republic of Armenia, introducing the concept of reverse mortgages and a new type of property rights for spouses.

LATEST NEWS

spot_imgspot_imgspot_img