Bush stands up for strong dollar
President George W Bush has again said he is committed to a strong US dollar.
Mr Bush said the best way to reassure those concerned about the dollar's decline was to deal with his country's large budget deficit.
The US president was speaking in Chile at the end of the 21-nation Apec conference, which he attended.
The United States also has a large foreign trade deficit, while the dollar has lost 30% of its value against the euro in the past four years.
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Yet it is clear that the federal government will continue to borrow. Only last week, the president signed a new law, allowing the government to increase its borrowing by a further $800bn.
This is obviously a top priority for the Bush administration
http://news.bbc.co.uk/2/hi/business/4031197.stmBorrow & Spend, Borrow & Spend