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Private Remittances To Armenia Total $83mln In Jan 2013

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  • Private Remittances To Armenia Total $83mln In Jan 2013

    PRIVATE REMITTANCES TO ARMENIA TOTAL $83MLN IN JAN 2013

    March 11, 2013 - 16:35 AMT

    PanARMENIAN.Net - $83 mln was transferred to individuals through the
    Armenian banking system in January 2013.

    According to Armenian Central Bank's monthly bulletin, 10,9%. increase
    was recorded as compared with the same period in 2012.

    Besides, the amount of remittances from Armenia totaled $20 mln in
    January 2013, with the net cash inflow grossing $62 mln in January
    2013.

    Russia keeps the biggest share of remittances to Armenia - $4,9 mln,
    followed by the U.S. - $2 mln, Kazakhstan - $1.3 mln and France -
    $674 thous.

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