KSE100 34005.31  ▲ Increased By 309.89 (0.92%)
KSE30 14840.21  ▲ Increased By 191.6 (1.31%)
BR100 3495.16  ▲ Increased By 41.75 (1.21%)
BR30 18472.76  ▲ Increased By 289 (1.59%)

Business Recorder Logo

Jun 01, 2020 PRINT EDITION

WASHINGTON: White House economic adviser Larry Kudlow said on Friday the United States has "ruled out" intervening in currency markets to impact the dollar's value, though President Donald Trump's administration is concerned other countries are deliberately weakening their currencies.

"Just in the past week, we had a meeting with the president and the economic principals and we had ruled out any currency intervention," Kudlow said in an interview with CNBC.

Copyright Reuters, 2019