{"id":150842,"date":"2023-10-02T10:34:01","date_gmt":"2023-10-02T10:34:01","guid":{"rendered":"https:\/\/armbanks.am\/2023\/10\/02\/251104\/"},"modified":"2024-12-15T13:52:24","modified_gmt":"2024-12-15T13:52:24","slug":"in-armenia-the-dominant-trend-highlights-a-reduction-in-inflows-and-higher-outflows-to-russia","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2023\/10\/02\/150842\/","title":{"rendered":"In Armenia the dominant trend highlights a reduction in inflows and higher outflows to Russia"},"content":{"rendered":"\n<p><strong>YEREVAN, October 2. \/ARKA\/. <\/strong>In July money transfer inflows from Russia almost halved compared to July 2022, accompanied by a doubling of outflows to Russia from a low base, according to the World Bank&#8217;s review &#8220;Armenia monthly economic update &#8211; september 2023&#8221;..<\/p>\n\n\n\n<p>\u201cHowever, total net money transfers were only 2 percent lower (yoy) due to exceptionally low net inflows in July of 2022. While money transfer inflows and outflows both show significant fluctuation, the dominant trend highlights a reduction in inflows and higher outflows to Russia.,\u2019 the review said.<\/p>\n\n\n\n<p>Private remittances sent to Armenia from abroad through the banks exceeded $3.3 billion in January-July 2023, up from $2.4 billion, sent in the same time span in 2022, according to a Central Bank of Armenia report.<\/p>\n\n\n\n<p>Money transfers from the Russian Federation in January-July of this year amounted to $2.4 billion against $1.6 billion sent in the same period last year, increasing 1.5 times.<\/p>\n\n\n\n<p>Money transfers from Armenia to the Russian Federation in January-July of this year totaled $396.1 million, compared to $225.8 million in the same period last year. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In July money transfer inflows from Russia almost halved compared to July 2022, accompanied by a doubling of outflows to Russia from a low base, according to the World Bank&#8217;s review &#8220;Armenia monthly economic update &#8211; september 2023&#8221;<\/p>\n","protected":false},"author":1,"featured_media":157567,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[],"class_list":{"0":"post-150842","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-en","8":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/150842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=150842"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/150842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157567"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=150842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=150842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=150842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}