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Trump says Mnuchin’s comments on the dollar were ‘taken out of context’

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President Donald Trump said Thursday that earlier comments by Treasury Secretary Steven Mnuchin on the dollar were “taken out of context.”

“Ultimately I want to see a strong dollar,” Trump told CNBC.

On Wednesday, Mnuchin told reporters at the World Economic Forum in Davos that a weaker dollar was good for the US “as it relates to trade and opportunities.” His comments triggered the dollar’s worst sell-off in 10 months.

“Our country is becoming so economically strong again and strong in other ways, too,” Trump said.

The dollar index, which tracks it against a basket of other major currencies, read more >>>

Source:: BusinessInsider.Com