Obama: Strong US economy will lead to strong dollar

WASHINGTON, May 8 (BestGrowthStock) – U.S. President Barack Obama
said if the United States had a strong economy it would have a
strong dollar, in rare comments about the U.S. currency in an
interview with Russian television broadcast on Saturday.

“My basic principle is to focus on the fundamentals of the
economy. I think that if we have a strong U.S. economy we’re
going to have a strong dollar,” Obama said in an interview
recorded on May 6 with Russian television’s Channel Rossiya,
according to an English transcript provided by the White
House.

Obama also said he was “very concerned” about Greece’s debt
turmoil and stressed that stabilizing the country was vital for
both Europe’s and the United States’ economic wellbeing.

Stock Report

(Reporting by Ross Colvin, editing by Vicki Allen)

Obama: Strong US economy will lead to strong dollar