Haykakan Zhamanak: Armenia unique channel for sending Russian transfers to US

10:28 • 03.02.18



Armenia in 2017 served as a a unique kind of channel in terms of sending Russian private transfers to the United States, says the paper, citing the Central Bank of Armenia.


A recently published report revealed that the private remittances from Russia increased by $168 million in 2017 to as much as $1.64 million compared to 2016.


As for the transfers from Armenia to the US, they increased by $113 million to $196 million in the reporting period, says the paper, attributing the unprecedented record to the non-liberal economic policies pursued by Russia.





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