Fitch revises outlook on Armenia to negative: The COVID-19 shock negatively affects country's economy

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News 06.04.2020. 12:10

Fitch revises outlook on Armenia to negative: The COVID-19 shock negatively affects country's economy

Fitch Ratings has revised the Outlook on Armenia's Long-Term Issuer Default Ratings (IDR) to Negative from Stable and affirmed the IDRs at ‘BB-‘, the statement said. “The coronavirus shock negatively affects the Armenian economy due to its exposures to commodities (a majority of exports), the Russi»»»

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