Announcement

Collapse
No announcement yet.

33.9% Increase In Private Transfers To Armenia In Jan-Aug

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • 33.9% Increase In Private Transfers To Armenia In Jan-Aug

    33.9% INCREASE IN PRIVATE TRANSFERS TO ARMENIA IN JAN-AUG

    ARKA
    Oct 13, 2008

    YEREVAN, October 13. /ARKA/. In January-August 2008, a total of
    $1,035.3mln were transferred to Armenia for individuals by means of
    Armenia's banking system - an annual increase of $261.9mln or 33.9%.

    In its monthly review for this August, the Central Bank of Armenia
    (CBA) reports that a total of $152.6mln were transferred from Armenia
    abroad against $173.9mln in the corresponding period last year (an
    annual increase of 12.3%).

    This January-August, the net inflow of funds amounted to $882.7mln
    against $559.5mln - an annual increase of 47.2%.

    The largest net inflow of funds was recorded from the Russia and the
    USA - 90.8% of the total amount against 95.9% in the corresponding
    period last year.

    In 2007, a total of $1,319.5mln were transferred to Armenia for
    individuals, with the net inflow of funds being $1,058.3mln.
Working...
X