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Daily Archives: Oct 5, 2010

Fitch forecasts Armenia may reduce deficit r to its target of 4.9% of GDP

Fitch Ratings has affirmed Armenia's Long-term foreign- and local currency Issuer Default Ratings (IDR) at 'BB-' respectively.

Armenia posts second highest inflation in CIS

Armenia posts second highest inflation in CIS.

EBRD provides a $5 million loan to Armenian Araratbank

The European Bank for Reconstruction and Development (EBRD) has signed a $5mln loan agreement with Armenian Araratbank.