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Strong Dollar Policy

   Also found in: Wikipedia 0.01 sec.
Strong Dollar Policy
Any policy making the U.S. dollar worth more relative to other currencies. When one dollar trades for more units of one or more other currencies, it is known as a strong dollar. When the dollar is strong, American travelers are able to go abroad while spending less of their money, but it makes American exports more expensive in other countries. A strong dollar can be disinflationary for currencies pegged to the dollar. See also: Weak Dollar, Exchange Rate.
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Unsurprisingly Geithner took the opportunity to reiterate the US Treasury's commitment to strong dollar policy.
Dollar firms against euro by AFP / AFP Global Edition
Geithner and Japanese Finance Minister Hirohisa agreed on Tuesday night to support Washington's strong dollar policy, with Fujii stressing "a strong dollar policy is correct.
Geithner reiterates strong dollar "very important" by Kuwait News Agency (KUNA)
A strong dollar policy is correct," Japanese Finance Minister Hirohisa Fujii said he had told Geithner.
Japan tells Geithner Tokyo supports strong dollar by AFP / AFP American Edition
 
 
 
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