Monday, 29 November 2021

Tag Archives: Issuer Default Rating

Fitch upgrades Armenia to ‘BB-‘, outlook stable

Fitch Ratings has upgraded Armenia’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘BB-‘ from ‘B+’. The Outlook is stable. The upgrade of Armenia’s IDRs reflects the following key rating drivers and their relative weights: Armenia’s institutions have facilitated a peaceful and orderly political transition and could strengthen further through ...

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