Zhoghovurd: Remittances to Armenia decline

The Central Bank of Armenia yesterday released data on remittances sent to Armenia in nine months of 2015. The net inflow amounted to $78 million 702 thousand compared to $143 million 334 thousand over the same period of last year, according to ‘Zhoghovurd’ paper.

Total remittance inflow was $663 million 554 thousand against $1bn 70 million 254 thousand in the first nine months of 2014.