Saturday, April 21, 2007

USA stands for a strong dollar


USA stands for a strong dollar MOF United States favours a strong dollar, Minister of Finance USA Henry Polson said that a "great supporter of a strong dollar." At the same time, he noted the need to further strengthen the Chinese yuan against the United States currency transfers Reuters. According to the Minister, the United States is conducive to a strong dollar. "I think you know that I am confident that the strong dollar for the benefit of our country, and I am a great supporter of the rates set in open and competitive market," said G. Polson in an interview. American Minister noted that the dollar is determined in a competitive market on the basis of economic fundamentals, USA. In doing so, he believes that China should allow further strengthening of the yuan because the country is moving "toward the time when the exchange rate can be set in a competitive market." "It's a little bit unnatural, that they are so much a part of the terms of goods and services, but with the currency still has not gotten around," said G. Polson.
April 21, 2007

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