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Personal Money Transfers From Russia To Armenia Amounted To $877 Mil

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  • Personal Money Transfers From Russia To Armenia Amounted To $877 Mil

    PERSONAL MONEY TRANSFERS FROM RUSSIA TO ARMENIA AMOUNTED TO $877 MILLION

    news.am
    January 22, 2013 | 20:27

    The amount of personal money transfers from Russia to CIS countries
    in the first nine months of 2012 reached $13,611 billion, which is
    12% more than in January-September of 2011, according to the Central
    Bank of Armenia. During this period, $877 million was transferred
    to Armenia.

    In 2011, $16,526 billion was transferred from Russia to CIS countries.

    The largest volume of funds transferred from Russia for the first three
    quarters of last year was Uzbekistan, $4.36 billion (an increase of 24%
    compared to the same period in 2011), followed by Tajikistan, $2.266
    billion (13% up), and followed by Ukraine, $2.242 billion (0.4% down).

    To Moldova, in January-September 2012, $1.268 billion was transferred;
    Kyrgyzstan, $1.165 billion; Armenia, $877 million; Azerbaijan, $736
    million; Belarus, $480 million; Kazakhstan, $200 million; Turkmenistan,
    $17 million.

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