European Central Bank council member Ernst Welteke said on Feb 17, 2001 that he could imagine the United States would remain interested in a strong dollar, according to a spokesman for the central banker. Welteke said a strong dollar policy would help the U.S. tackle its high current account deficit and also give it room for manoeuvre in its monetary policy.
The U.S. trade deficit in the January-November 2000 period totalled $335.89 billion, according to data released last month. Welteke, pres
Back to Top