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| Fitch Affirms #instantfollow Armenia at 'BB-'; Outlook Stable | | | (The following statement was released by the rating agency) LONDON, August 01 (Fitch) Fitch Ratings has affirmed Armenia's Long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-'. The Outlooks are Stable. The issue ratings on Armenia's senior unsecured foreign and local currency bonds have also been affirmed at 'BB-'. The Country Ceiling has been affirmed at 'BB' and the Short-term foreign currency IDR at 'B'. KEY RATING DRIVERS The affirmation of Armenia's sovereign rat |
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