Regional news
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Private non-commercial transfers from Russia to Armenia total $87.8mln in Jan-Feb 2009
ARKA, 06.04.2009
Central Bank of Armenia says individuals in Armenia received $87.8 million transferred from Russia in January-February 2009 for non-commercial purposes.
Statistical reports say this result was 32% less than that in January-February of previous year ($129.2mln).
According to the statistical report, $13.6 million was sent from Armenia to Russia in Jan-Feb 2009 against $15.3 million in analogue period of a year earlier (11.1% year-on-year reduction).
As a result, net inflow from Russia amounted to $74.2 million against $113.9 million (34.8% year-on-year reduction).
Private transfers from Russia made 77.4% of the total non-commercial inflow, and transfers from Armenia to Russia made 52.5% of all outflows.
Russia’s share in net inflow made 84.8%.
In analogue period of 2008, the indicators were 79.6%, 44.4% and 89.2% respectively.
According to the Central Bank of Armenia, private non-commercial transfers to Armenia totaled $113.5 million in January-February 2009 – 30% less, compared with Jan-Feb 2008.
The report says $25.9 million was transferred from Armenia abroad – 24.9% reduction.
As a result, net inflow amounted to $87.6 million after 31.4% reduction. G. S. --0--
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