Russian Ruble Hits 18-Month High Against Dollar On Surprise Annunciation Past Times U.S. Treasury On Russian Sanctions
The Russian ruble hitting an 18-month high of 58.8493 against the U.S. dollar on Th every bit the Department of the Treasury's Office of Foreign Assets Control issued a cyber-related full general license (GL 1), which allows American companies bear surely types transactions amongst the FSB. The GL i makes several amendments to executive orders passed inwards Dec of 2016 past times the Obama direction related to election-related hacking charges. More specifically, American companies volition hold out allowed to transact amongst the FSB inwards a express fashion as well as inwards accordance amongst Export Administration Regulations. The Treasury states inwards GL i that the “exportation, reexportation, or provision of whatever goods, technology, or services to the Crimea percentage of Ukraine” is soundless non allowed. In a press conference this morning, White House Press Secretary Sean spicer said the Trump direction inwards non easing sanctions on Russia. Spicer explai...