US Treasury's Snow denies weak-dollar policy

US Treasury Secretary John Snow has rejected speculation that Washington is pursuing a weak dollar policy by encouraging other countries to adopt flexible exchange rate policies.

Source: The Japan Times

U.S. Treasury Secretary John Snow on Monday shrugged off market speculation that Washington is pursuing a weak dollar by urging other countries to adopt flexible, market-based currency policies.

"Somehow our support for flexibility for a well-functioning international trade system that can adjust

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