US Treasury secretary Steven Mnuchin on Thursday said there was “no change” to Washington’s stance on the dollar “as of now”, amid mounting speculation over whether the Trump administration will act to weaken the dollar.
Mr Mnuchin said the US “could consider” a change to its dollar policy “in the future” but there was no change at present.
His comments, made to Bloomberg on the sidelines of a G7 financial meeting in France, come as Wall Street has grown anxious over the risk the Trump administration might intervene in the currency markets in a bid to weaken the greenback.
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