Currency: Dollar and Wasn T

currency: That was in contrast with previous US administrations in the past two decades, which typically said a strong dollar is in the country's best interests, according to Global Times China. The dollar on Tuesday dropped to its lowest level in a month following Trump's comments. In an interview with the Wall Street Journal published on Monday, Trump complained that the dollar was too strong suggesting that he favored a weaker dollar. I think when the president-elect made a comment on the US currency, it wasn't meant to be a long-term comment, Mnuchin said before the Senate Finance Committee. The currency is very, very strong and what you see is people all over the world wanting to invest in the US currency, said Mnuchin, who was a former Goldman Sachs banker, adding the long-term strength of the dollar is important . I will enforce trade policies that keep our currency strong on the world exchanges and create and protect American jobs. It was meant to be that perhaps in the short term, the strength of the currency...may have had some negative impacts on our ability in trade. (news.financializer.com). As reported in the news.