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Armenia's remittances exceed $400 million

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  • Armenia's remittances exceed $400 million

    Armenia's remittances exceed $400 million

    June 08, 2013 | 02:28


    YEREVAN. - Between January and April 2013, individuals' remittances
    from abroad to Armenia comprised $437 million, the Armenian Central
    Bank bulletin informs.

    In April alone, the transfer of funds to Armenia made up about $131
    million, against $119 million in March and $103.4 million in February.

    As a result, the country's remittances increased by $49 million, or by
    12.6 percent, as compared to January-April 2012.

    In the first four months of this year, Armenia received $356 million
    from Russia and transferred $56 million, and it received $24 million
    from the US and remitted $10 million. Also, approximately $7 million
    were remitted to Armenia from Kazakhstan.


    News from Armenia - NEWS.am



    From: Emil Lazarian | Ararat NewsPress
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