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  • Decline in foreign transfers continues

    Chorrord Ishkhanutyun: Decline in foreign transfers continues

    11:45 * 31.01.15

    The paper has addressed the declining trend in foreign money transfers
    to Armenia.


    Citing the Central Bank's statistics, it says that a total of
    $1,728,500,000 were transferred to the country by natural entities
    last year, against the $869,700,000 reported in 2013. The paper notes
    that especially the transfers from Russia plummeted to a record low, -
    from $1,600,000,000 in 2013 to $1,400,000,000 in 2014. As for the
    private transfers from Russia, they have reportedly increased to
    $103,600,000 instead of the $82,300,000 in 2013.


    http://www.tert.am/en/news/2015/01/31/chi/1575125

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