TODAY.AZ / World news

Reduction in Armenia's private remittances

10 February 2010 [18:53] - TODAY.AZ
In 2009, total amount of private remittances to Armenia reduced by 30.6 percent compared to 2008, making $1.576 bn.
Personal remittances from Russia made $950m which is 35 percent less as compared to 2008 ($1.462 bn).

The amount of bank transfers from Armenia totaled $752m (33 percent less than in 2008), Armenian Central Bank bulletin reads.

Within last year, Armenians received 60 percent of transfers from Russia, while 7.3 percent – from the U.S.


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