Fx denominated liabilities as a share of liabilities reached 47.6% in second quarter of 2023 in Armenia, according to the National Central Bank. This is 2.09% less than in the previous quarter.
Historically, FX denominated liabilities as a share of liabilities in Armenia reached an all time high of 141% in 1Q2010 and an all time low of 46.9% in 2Q2022.
Armenia has been ranked 17th within the group of 78 countries we follow in terms of FX denominated liabilities as a share of liabilities.
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