The Russian ruble held near a 17-month high against the dollar on Friday after President Vladimir Putin said Russia won’t respond to US sanctions by expelling Americans.
At 8 a.m. ET, the ruble is stronger by 1.02% to 61.027 against the dollar. It is down 18% against the dollar this year, and slid against the greenback early on Friday ahead of Putin’s comments. Russia had announced plans to kick out 35 American diplomats.
On Thursday, President Barack Obama announced sanctions after US intelligence agencies found evidence of Russian cyberhacking to influence the November election.
Obama ordered that 35 Russian diplomats from read more >>>