Remittances at the amount of $86.7mln were received by physical persons in Armenia in January 2011.
According to the CBA monthly bulletin, the figure decreased by 22.7% ($16mln) compared to the same period in 2010.
Besides, 16.1% growth was recorded in the amount of remittances from Armenia, totaling $42.6mln in January 2011 against $36.7mln during the same period in 2010. The net cash inflow increased by 29.9% during the reporting period, amounting to $44mln against $34mln in January 2010.
The largest amount of remittances was received from Russia ($49.5mln), followed by Kazakhstan ($9.46mln) and Germany ($2.77mln).
