According to the CBA monthly bulletin, the figure increased by 3.3% ($51.4mln) compared to the same period in 2009.

The largest amount of remittances was received from Russia ($1,114.1mln), followed by the United States ($124.4mln) and United Arab Emirates ($26.2mln). At the same time, remittances from Turkey amounted to $2,639thous.

Besides, 2.8% drop was recorded in the amount of remittances from Armenia, totaling $731.6mln in January-December 2010 against $752.4mln during the same period in 2009.

The net cash inflow increased by 8.8% during the reporting period, amounting to $895.5mln against $823.3mln in January-December 2009.