US Maintains Dollar Policy, Official Says
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America has not changed its strong dollar policy and still expects China to make its own currency more flexible, a Treasury official said on Monday, shrugging off comments from Beijing that had jolted markets.
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The dollar held near a three-month high  against the euro and a one-month peak versus the yen on  Tuesday, supported by U.S. efforts to tighten fiscal policy and  the Federal Reserve chief's optimistic take on the huge U.S.  deficits.
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China vowed to move &quot;firmly and steadily&quot; toward a flexible exchange rate during a meeting of Chinese and US officials in Washington Thursday, the US Treasury Department said in a statement.
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The United States backs a strong dollar  but believes the currency market should determine exchange  rates based on fundamentals, U.S. Treasury Secretary John Snow  said on Monday during a visit to Ireland.
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The dollar held steady against the  euro on Tuesday, finding support after a wave of warnings from  European officials expressing concerns over the euro's rapid  ascent against the U.S. currency.
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The dollar held firm on Thursday on expectations that the Federal Reserve would keep raising rates at a measured pace, while rising oil prices undermined the yen.
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Washington, Oct. 2: In the face of growing international pressure, Chinese officials told top US officials on Friday that they would continue to push ahead with plans to float or revalue their currency, but
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The dollar held steady against major  currencies on Tuesday as markets awaited the assessment of the  economy from the Federal Reserve after an expected interest  rate rise later in the session.
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The United States backs a strong dollar but believes the currency market should determine exchange rates based on fundamentals, US Treasury Secretary John Snow said Monday during a visit to Ireland.
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The United States would like the dollar to strengthen but believes international currency markets should be left to set its value, US Treasury Secretary John Snow said Monday.
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The dollar kept its grip on a two-month  high versus the euro on Thursday after upbeat economic data  reaffirmed the view that likely future U.S. interest rate rises  would lure more funds to the United States.
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DUBLIN The United States backs a strong dollar, US Treasury Secretary John Snow reiterated Monday. But he added that it was up to the market to determine exchange rates based on economic fundamentals, leading
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Euro zone finance ministers on Tuesday stepped up pressure on the United States to show its strong dollar policy was more than just rhetoric, asking
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Treasury Secretary John Snow said on Tuesday that China has been receptive to US calls for more flexibility in its currency, and said the United States would continue to press the Chinese on floating the yuan.
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The dollar stabilized on Friday after  rallying in the first week of 2005, as the market waited for  closely-watched U.S. jobs data for clues on future interest  rate policy.
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China on Monday emphasized its determination to keep its currency stable despite ongoing pressure from the United States.
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The dollar firmed against the European single currency on Wednesday ahead of the publication of retail sales data in the United States.