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Pastimes : All Clowns Must Be Destroyed

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To: pater tenebrarum who wrote (41857)	10/25/2000 4:51:46 PM
From: Cynic 2005	Read Replies (3) of 42523

Summers becomes his parrot! Strong Dollar policy has not changed. Strong Dollar policy has not changed. Strong Dollar policy has not changed. Strong Dollar policy has not changed. Strong Dollar policy has not changed. Strong Dollar policy has not changed. Strong Dollar policy has not changed. Strong Dollar policy has not changed. October 24, 2000 Summers Stands by Strong Dollar Policy -------------------------------------------------------------------------------- REUTERS INDEX: TOP STORIES \| INTERNATIONAL \| BUSINESS \| TECHNOLOGY -------------------------------------------------------------------------------- By REUTERS Filed at 1:02 p.m. ET WASHINGTON (Reuters) - The United States on Tuesday said it had not given up its support for a strong dollar and stressed that economic fundamentals rather than official interventions will determine currency values in the long run. Speaking ahead of a meeting of top finance officials from the Group of 20 (G20) industrial and emerging market nations in Montreal, U.S. Treasury Secretary Lawrence Summers insisted that a strong greenback was in the U.S. interest. ``I stated the United States' policy that a strong dollar is in our interest many times, and I don't have anything to add,'' he told a news briefing just before his departure to Canada. nytimes.com

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