Armenia’s Central Bank cuts interest rates again: THIS WEEK IN BUSINESS
CivilNet
Fitch, the credit rating agency, upgraded Armenia’s long-term foreign-currency issuer default rating to BB-, citing last year’s influx of Russian citizens to the country.
Armenia’s Central Bank lowered its benchmark interest rate to 10.25% as inflation in the country continues to ease. It is the bank’s second rate cut this year.
Nitzan Yudan, founder and CEO of Benivo, sat down with CivilNet to talk about why he chose to open an office for his global HR company in Armenia.
Petya Kamburova, global business development and partnerships lead at Rakuten Viber, joined us this week to talk about the company’s mission to develop a “super-app.”