Fitch Ratings has revised the Outlook on the Armenian City of Yerevan's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to Positive from Stable and affirmed the IDRs at 'B+'.

The Short-Term Foreign-Currency IDR has been affirmed at 'B'.

The next scheduled review date for the City of Yerevan will be decided in December 2017 when Fitch publishes its LRG rating review calendar for 2018 .