BR100 3,737 Increased By ▲ 3 (0.09%)
BR30 19,102 Decreased By ▼ -52 (-0.27%)
KSE100 36,190 Increased By ▲ 48 (0.13%)
KSE30 15,694 Increased By ▲ 18 (0.11%)
COVID-19 TOTAL DAILY
CASES 243,599 2751
DEATHS 5,058 75
Sindh 100,900 Cases Today
Punjab 85,261 Cases Today
Balochistan 11,099 Cases Today
Islamabad 13,829 Cases Today
KP 29,406 Cases Today
World

US rules out any intervention on dollar: Trump advisor

WASHINGTON: The US government will not intervene to weaken the value of the American dollar, despite persistent concerns

Jul 26 2019

WASHINGTON: The US government will not intervene to weaken the value of the American dollar, despite persistent concerns about actions by other countries, a top White House economic aide said Friday.

"Just in the past week we had a meeting with the president (Donald Trump) and the economic principals and we have ruled out any currency intervention," National Economic Council Director Larry Kudlow told CNBC.

"In some cases we think there is manipulation" by other governments, he said.

Copyright AFP (Agence France-Press), 2019