Geithner says strong dollar is U.S. policy
WASHINGTON (MarketWatch) — Treasury Secretary Timothy Geithner said that a strong dollar remained U.S. policy. “I deeply believe that,” Geithner said. “Our commitment is to the world and, of course, the American people that we are going to make sure we put in place the policies that can sustain confidence in this economy and this financial system,” Geithner said. The Treasury Secretary said he was not worried about talk of a new global reserve currency. He noted that global demand remains strong for Treasurys. Geithner made the comments in an interview with CNN that is scheduled to be aired on Sunday. A copy of the transcript was obtained from CNN.
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