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Net Money Transfers To Armenia In September Grow By 14 Percent To $1

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  • Net Money Transfers To Armenia In September Grow By 14 Percent To $1

    NET MONEY TRANSFERS TO ARMENIA IN SEPTEMBER GROW BY 14 PERCENT TO $180.7 MILLION

    /ARKA/
    November 4, 2011
    YEREVAN

    YEREVAN, November 4. / ARKA /. Individual money transfers to Armenia
    in September 2011 through commercial banks surged by 13.9% or $22.2
    million year-on-year to about $180.7 million, the Central Bank of
    Armenia said in a statement, posted on its official website.

    Money transfers from Armenia to other countries in the same time span
    grew by 16.5% to $72.9 million. Net money transfers to Armenia stood
    at about $107.7 million, up from $95.9 million in 2010 September
    rising by 12.3%.

    Net money transfers in September 2011 dropped by 14.6% or $18.5 million
    from the previous month. The largest inflow of net money transfers,
    about $113.9 million, came, as usual, from Russia. ($1 ~V 378.98
    drams).

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