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Daily Archives: Aug 3, 2021

Armenian central bank raises key rate by 0.5 p.p. to 7%

Armenia’s Central Bank said today its Executive Board has raised the key refinancing rate by 0.5 percentage points, setting it at 7%

Standard and Poor’s to award Armenia sovereign ratings

As part of the Capital Market Development Program, approved by the government of Armenia on July 16, 2020, an agreement was recently signed between the Ministry of Finance of Armenia and Standard and Poor's credit agency (S&P Global Ratings), the Ministry of Finance said