{"id":81921,"date":"2014-11-28T16:04:34","date_gmt":"2014-11-28T16:04:34","guid":{"rendered":"https:\/\/armbanks.am\/2014\/11\/28\/241871\/"},"modified":"2024-12-15T13:14:45","modified_gmt":"2024-12-15T13:14:45","slug":"private-remittances-to-armenia-fall-by-17-percent-in-october-to-161-6-million","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2014\/11\/28\/81921\/","title":{"rendered":"Private remittances to Armenia fall by 17 percent in October to $161.6 million"},"content":{"rendered":"<p><strong>YEREVAN, 28 November. \/ ARKA \/.<\/strong> Private remittances from Russia and some other countries to Armenia continued to fall in October, according to the latest statistical data posted by the Central Bank.<\/p>\n<p>It said the total transfers made by individuals last month stood at $161.6 million, which is 17.1 percent less than the figure reported for October 2013. Money transfers to Armenia in October 2014 were 5 percent less from the previous month.<\/p>\n<p>Remittances from Armenia to foreign countries in October 2014 stood at $28.14 million, down from $28.5 million in October 2013. Net inflow of remittances to Armenia in October 2014 amounted to approximately $133.5 million, down from $140.2 million remitted in September 2013 (a 7 percent decline).<\/p>\n<p>The bulk of remittances &#8211; about 85% of the total private money transfers to Armenia -comes as usual from the Russian Federation. The drop in private remittances in October is blamed by experts on reducing remittances from Russia because of its weakening ruble.<\/p>\n<p>Money transfers from Russia to Armenia in October 2014 fell by 19 percent if compared with October 2013 to approximately $137.5 million (a decline of 6% in one month), while remittances from Armenia to Russia increased by 7.7 percent to $17 4 million (monthly increase of 7%).<\/p>\n<p>According to the Central Bank, in 2013 a total of $1.869.7 billion were remitted to Armenia by private persons (about 17.3% of GDP). ($ 1 &#8211; 433.69 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Private remittances from Russia and some other countries to Armenia continued to fall in October, according to the latest statistical data posted by the Central Bank<\/p>\n","protected":false},"author":1,"featured_media":157415,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,15865,12857],"class_list":{"0":"post-81921","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-en","8":"category-news","9":"tag-armenia-2","10":"tag-central-bank-2","11":"tag-percent"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/81921","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=81921"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/81921\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157415"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=81921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=81921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=81921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}