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  • Archive for January 13th, 2021

    Armenia's Central Bank announces intervention in forex market to ensure steady functioning of financial markets

    Wednesday, January 13th, 2021

    Armenia’s Central Bank said today it is going to intervene in the foreign exchange market to ensure the steady functioning of the country’s financial markets

    Raex-Europe confirms credit ratings of Armenia at ‘BB-; outlook changed from stable to negative

    Wednesday, January 13th, 2021

    RAEX-Europe confirmed the sovereign government credit rating (SGC) of Armenia at ‘BB-’ (sufficient level of creditworthiness of the government) in national currency and at ‘BB-’ (sufficient level of creditworthiness of the government) in foreign currency. The rating outlook changed from stable to negative, which means that in the mid-term perspective there is a high probability of downgrading the rating score, RAEX-Europe said in a report