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Remittances to Armenia from Russia drop by about $11 million
01:32, 22.11.2014
According to official data, the individuals' non-commercial
remittances to Armenia from Russia have reduced by USD 10.9 million,
or by 6.9 percent, on an annual basis.
In September alone, the negative reality of the "Russian" transfer of
funds has resulted in a 6.1-percent slowdown in the dynamics of the
total amount of remittances to Armenia.
But if we rule out Russia, we will see that the foreign remittances to
individuals in Armenia have increased by close to USD 1.7 million, or
by 7.4 percent.
Nonetheless, Russia's role in this domain is indisputable. And despite
a 1.6 percentage point drop in its share of the total remittances to
Armenia, this indicator is beyond competition, with about 86 percent
of the total money transfers.
Armenia News - NEWS.am
From: Baghdasarian
01:32, 22.11.2014
According to official data, the individuals' non-commercial
remittances to Armenia from Russia have reduced by USD 10.9 million,
or by 6.9 percent, on an annual basis.
In September alone, the negative reality of the "Russian" transfer of
funds has resulted in a 6.1-percent slowdown in the dynamics of the
total amount of remittances to Armenia.
But if we rule out Russia, we will see that the foreign remittances to
individuals in Armenia have increased by close to USD 1.7 million, or
by 7.4 percent.
Nonetheless, Russia's role in this domain is indisputable. And despite
a 1.6 percentage point drop in its share of the total remittances to
Armenia, this indicator is beyond competition, with about 86 percent
of the total money transfers.
Armenia News - NEWS.am
From: Baghdasarian