Net Money Transfers To Armenia In September Grow By 14 Percent To $1

NET MONEY TRANSFERS TO ARMENIA IN SEPTEMBER GROW BY 14 PERCENT TO $180.7 MILLION

/ARKA/
November 4, 2011
YEREVAN

YEREVAN, November 4. / ARKA /. Individual money transfers to Armenia
in September 2011 through commercial banks surged by 13.9% or $22.2
million year-on-year to about $180.7 million, the Central Bank of
Armenia said in a statement, posted on its official website.

Money transfers from Armenia to other countries in the same time span
grew by 16.5% to $72.9 million. Net money transfers to Armenia stood
at about $107.7 million, up from $95.9 million in 2010 September
rising by 12.3%.

Net money transfers in September 2011 dropped by 14.6% or $18.5 million
from the previous month. The largest inflow of net money transfers,
about $113.9 million, came, as usual, from Russia. ($1 ~V 378.98
drams).

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