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Daily Archives: Aug 28, 2023

S&P Global Ratings expects the dram to begin to depreciate as the current account deficit widens and transfers slow.

We expect the dram to begin to depreciate as the current account deficit widens and transfers slow, S&P Global Ratings said

Standard&Poor’s forecasts inflation in Armenia at 2.5% in 2023

The S&P Global Ratings expects inflation in Armenia to average 2.5% in 2023, which is below the Central bank’s target

Armenia’s banking sector appears well capitalized, profitable, and liquid, S&P Global Ratings said.

Armenia's banking sector appears well capitalized, profitable, and liquid, S&P Global Ratings said