Tweet
HAYOTS ASHKARH: MONEY TRANSFER FLOW BACK TO 2008 LEVEL
09:41 * 13.01.15
In 2014 Armenia saw an increase in private money transfers from
foreign countries, the paper says, citing the Central Bank.
The records reveal that the transfers' level was the same as before
the 2008 global economic recession.
The non-commercial transfers coming from banks amounted to 1,601
million in January-October, says the paper, adding that the flows
ceased positive in the following two months, (decreasing by $80
million).
As for the transfers from Russia, they totaled around $109.4 million,
7.5% less than in the first 11 months of 2013.
"This is equal to the non-commercial sums sent from Russia in the
same period of 2008. In other words they are back to the level they
were six years ago when the global recession was just beginning,"
comments the paper.
http://www.tert.am/en/news/2015/01/13/hayoc/1557245
From: Baghdasarian
09:41 * 13.01.15
In 2014 Armenia saw an increase in private money transfers from
foreign countries, the paper says, citing the Central Bank.
The records reveal that the transfers' level was the same as before
the 2008 global economic recession.
The non-commercial transfers coming from banks amounted to 1,601
million in January-October, says the paper, adding that the flows
ceased positive in the following two months, (decreasing by $80
million).
As for the transfers from Russia, they totaled around $109.4 million,
7.5% less than in the first 11 months of 2013.
"This is equal to the non-commercial sums sent from Russia in the
same period of 2008. In other words they are back to the level they
were six years ago when the global recession was just beginning,"
comments the paper.
http://www.tert.am/en/news/2015/01/13/hayoc/1557245
From: Baghdasarian