Monday, July 23, 2007

Treasury's Paulson Says a `Strong' Dollar Is in Best Interest of U.S.

(Bloomberg) -- U.S. Treasury Secretary Henry
Paulson said the U.S. is best served by a ``strong'' dollar, and
the currency's value should be set by investors in an open
market.

``We feel very strongly, I do, that a strong dollar is in
our nation's interest and the dollar's value should be
determined in a competitive marketplace based on economic
fundamentals,'' Paulson said today in an interview on CNBC in
Washington.


Read more at Bloomberg Currencies News

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