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Trump not trying to intervene in currency markets - Mnuchin

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Trump not trying to intervene in currency markets - Mnuchin

Trump not trying to intervene in currency markets - Mnuchin
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NACHO DOCE(Reuters)
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BUENOS AIRES (Reuters) - U.S. President Donald Trump is not trying to influence currency markets, Treasury Secretary Steven Mnuchin said on Saturday, reiterating that a strong U.S. dollar reflects a strong U.S. economy and is in the United States' long-term interest.

Mnuchin told reporters in Buenos Aires for the G20 meeting of finance ministers and central bank governors that both he and Trump fully support U.S. Federal Reserve independence. Trump has broken with precedent in recent days with comments criticizing the U.S. dollar's strength and the Fed's monetary policy.

(Reporting by David Lawder; Writing by Luc Cohen; Editing by Andrew Heavens)

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