Results 1 to 2 of 2

Thread: U.S. Dollar Will Get Stronger: Bush

  1. #1
    Join Date
    Jan 2005

    U.S. Dollar Will Get Stronger: Bush

    US dollar will get stronger: Bush


    NEW ALBANY (AFP) — US President George W. Bush predicted in an interview Tuesday that the battered US dollar will get stronger because the US economy is robust.

    "If people would look at the strength of our economy, they'd realize why, you know, I believe that the dollar will be stronger," Bush told the Fox Business Network.

    "We have a strong dollar policy, and it's important for the world to know that. We also believe it's important for the market to set the value of the dollar relative to other currencies," the president said.

    Bush cited low US inflation figures, modest interest rates, job growth, and gross domestic product growth and declared "the underpinnings are strong."

    Asked whether he was satisfied with current exchange rates, Bush replied: "I am satisfied with the fact that we have a strong dollar policy and know that the market ought to be setting the exchange rate."

    The dollar has been weakening against the fast-appreciating euro in recent months. In European trade Tuesday, the euro climbed to 1.4599 dollars, compared to its rate of 1.2806 dollars a year ago.
    No One Knows Everything. Only Together May We Find The Truth JG

  2. #2
    somebigguy Guest
    Bush predicting the dollar will go up is clear and irrefutable proof that the dollar is gonna go down big time.

Similar Threads

  1. Replies: 0
    Last Post: 09-10-2008, 08:27 AM
  2. The Dollar Has Dropped 41% During Bush's Presidency
    By Gold9472 in forum The New News
    Replies: 1
    Last Post: 07-04-2008, 11:18 AM
  3. Iran-Led Radicals Getting Stronger, Israel Warns
    By Gold9472 in forum The New News
    Replies: 1
    Last Post: 04-29-2008, 04:35 PM
  4. Replies: 2
    Last Post: 09-07-2006, 05:29 PM
  5. U.S. Dollar Hits 28-Year Low Vs. Canadian Dollar
    By Gold9472 in forum The New News
    Replies: 0
    Last Post: 05-31-2006, 08:36 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts