Tuesday, December 10 2013 15:51

Central Bank: Non-commercial transfers of individuals to rise by 9.0-11.0% in 2013


ArmInfo. The non-commercial transfers of individuals will grow by 9.0-11.0% in 2013, says the Armenian Central Bank's monetary policy program for Q4 2013. According to the Central Bank's forecast, the growth rates of individuals' non-commercial transfers will remain at 8.0- 10.0% in 2014 as well.

The source says that in Q3 2013 the net inflow of non-commercial transfers of individuals maintained its growth rates (10.6% rise versus Q3 2012).

To note, in the structure of transfers to Armenia and from Armenia, Russia share is the biggest (85% in total inflow and over 55% in total outflow).
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