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U.S. Commerce Sec Raimondo says she’s ‘not concerned’ about the strength of the dollar

42860 us commerce sec raimondo says shes not concerned about the strength of the dollar

Commerce Secretary Gina Raimondo said Monday that she’s not worried about the strength of the foreign exchange value of the U.S. dollar. “I am not concerned about the dollar being as strong as it is,” Raimondo said, during an interview on Bloomberg Television. Raimondo said she was more focused on easing supply-chain bottlenecks to ease inflation pressures. Raimondo said the “real” U.S. economy is “quite strong.” On Monday, the dollar strengthened to its highest level since late 2002 against a basket of currencies and neared parity with the euro.

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Source: Marketwatch

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