Private remittances from Russia to Armenia surged 11.2% to $475.1 mln
in Jan-May 2013
YEREVAN, July 13./ARKA/. The amount of private remittances sent from
Russia to Armenia in January-May 2013 via banks for non-commercial
purposes increased by 112%, from a year earlier over to $475.1
million, the Central Bank said in a statement posted on its official
website
As usual, the largest portion of remittances from abroad came from
Russia – nearly 84.5%.
Total of $70.7 million was transferred from Armenia to Russia within 5
months, which was 14.6% higher from a year earlier.
The net amount of remittances from Russia to Armenia hit 404.5
million, which was by 10.7% higher.
Total of about $118.7 million was transferred from Russia to Armenia
in May 2013 versus 110.3 million, while $14.7 million was
transferred from Armenia to Russia (versus $15.2 million).
According to Central Bank data, a total of $577.39 million was
remitted to Armenia in the first five months of this year, while the
amount of remittances from Armenia to other countries stood at $124.5
million (13.7% growth). ($1 – 409.78 drams). -0 –
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