WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo on Monday rejected calls for a weakening of the dollar, saying a strong dollar was “good for America.”
“No, no,” Raimondo told CNN when asked if she would support a weakening of the dollar. “Obviously, Treasury Secretary (Janet) Yellen is the expert on this, but a strong dollar is good for America.”
Reporting by Susan Heavey; Writing by Tim Ahmann
source: reuters.com