On Monday, September 28, the sovereign dollar bonds of Azerbaijan and Armenia fell by 3-4 cents per dollar due to the escalation of the Armenian-Azerbaijani conflict, and the Turkish lira also dropped record-breaking after Turkey announced its support for brotherly Azerbaijan "by all means."According to the Refinitiv portal, Azerbaijan's bonds (issued until September 2029) fell 3.5 cents to an almost four-month low of 104.5 cents, and Armenia's...
Analytics
-
In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
Leave a review