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24 Sep 2014
Japan’s sanctions against Russia - BBH
FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman explained that there were some interesting developments out of Japan regarding FX and sanctions against Russia.
Key Quotes
“Several financial institutions will be banned from issuing securities in Japan and restrictions on defense sector exports will be tightened."
"Separately, Japanese officials are complaining about the visit by a high-level Russian official to the disputed island of Eturofu (or Iturup in Russian). This follows Russia’s provocative military exercises in the Kuril Islands."
Key Quotes
“Several financial institutions will be banned from issuing securities in Japan and restrictions on defense sector exports will be tightened."
"Separately, Japanese officials are complaining about the visit by a high-level Russian official to the disputed island of Eturofu (or Iturup in Russian). This follows Russia’s provocative military exercises in the Kuril Islands."