Private transfers from Russia to Armenia amount to $868.2 million in first 10 months of 2010

Non-commercial transfers from Russia to Armenia during January-October 2010 are estimated at up to $868,2 million, 14.1% more than in the same period in 2009 ($760.9 million), Novosti Armenii reports.

About $127 million were transferred from Armenia to Russia compared to $162 million in 2009 (a decrease of 21.6%).

Thus, the total flow of private capital from Russia to Armenia amounted to $741.2 million in the first 10 months of the year.

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