Geithner supports strong dollar | KXNet.com North Dakota News
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Geithner supports strong dollarSep 24 2009 4:55PM
Associated Press By MARTIN CRUTSINGER AP Economics Writer PITTSBURGH (AP) Treasury Secretary Timothy Geithner says the United States has a a special responsibility to preserve the role of the dollar as the world's primary reserve currency. Geithner said that a strong dollar is very important to the United States and the Obama administration is committed to doing everything necessary to preserve the dollar's standing in global currency markets. Geithner, talking in Pittsburgh, said as part of this effort the administration was committed to bringing down the soaring U.S. budget deficit once an economic recovery is firmly in place in the United States. (Copyright 2009 by The Associated Press. All Rights Reserved.) APNP 09-24-09 1640CDT |
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