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January 17, 2026
Economy
Fitch Revises Armenia's Outlook to Positive; Affirms at 'BB-'
YEREVAN, January 17. /ARKA/.Fitch Ratings has revised the Outlook on Armenia's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to Positive from Stable and affirmed the IDR at 'BB-'.
17.01.2026, 16:53
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Geographical and political restrictions shape the current structure of Armenia's foreign economic relations. the country has no access to the sea, and closed borders with Turkey and Azerbaijan concentrate trade routes on Georgian and Iranian routes.
Possible escalation around Iran. Economic risk scenarios for Armenia
