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Transfer rates decrease in Armenia

01:45, 08.06.2012 Region: Armenia Theme: Economics

YEREVAN. – During January-April 2012, individuals conducted transfers for non-commercial purposes through the banking system worth of $ 388 million, Armenia’s Central Bank reports. Compared to last year the transfers grew by $30 million or by 8.4 percent. Reduction is observed in the transfer rates. Russia continues to be the main source of transfers to Armenia. During January – April $317, million entered from Russia to Armenia. From the United States $24.8 million entered Armenia. $562 thousand entered Armenia from Turkey.

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