Brown urging US to bolster dollar
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Gordon Brown is expected to urge the US to strengthen the dollar when he begins a visit to America on Friday.
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The United States backs a strong dollar but believes the currency market should determine exchange rates based on fundamentals, US Treasury Secretary John Snow said on Monday during a visit to Ireland.
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President Bush said on Wednesday it  was up to the markets to decide the value of the dollar against  the euro and added that a new rate hike by the Federal Reserve  was an indication of concern about the weak dollar.
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WASHINGTON  - US Treasury Secretary John Snow said a strong dollar is the &quot;rock solid foundation&quot; of US policy, but its value is best set in open currency markets.
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The United States supports a &quot;strong dollar,&quot; Treasury Secretary John Snow said, while suggesting the Bush administration will not act to boost its value. His comments sent the currency plunging to a record low against the euro.
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Britain&#39;s special relationship with the United States will remain strong when Gordon Brown succeeds Tony Blair as prime minister later this month, US ambassador Robert Tuttle said Sunday.
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A mixture of problems including sharp currency fluctuations has led to uncertainty about how strong and durable the world recovery will prove, British finance minister Gordon Brown said yesterday.
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US manufacturers want a US trade delegation to call on China to open its markets and reform its currency.
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BRUSSELS European finance officials on Tuesday called on the United States to take concrete action to halt the slide of the dollar.
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Gordon Brown asks the international community to share the burden of the conflict in Afghanistan.
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A senior Chinese official has urged the United States to take action to stop the slide of the dollar and restore equilibrium to global currency markets, China Radio International reported Saturday.
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Gordon Brown will this week be urged to intervene on behalf of Argentina at the International Monetary Fund and write off much of the embattled country&#39;s $100 billion-worth of debts.
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The Australian dollar rose to its highest in 8 1/2 months against the US currency on speculation Reserve Bank of Australia Governor Ian Macfarlane will signal the bank intends to raise its key rate of interest.
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European Central Bank President Jean- Claude Trichet joined European finance ministers in appealing to the US to stem the decline of the dollar, warning that the currencyâs slide risks derailing global growth.
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Gordon Brown demanded today that Britain&#39;s EU partners in the European Union open up their public procurement markets more fully after an official report suggested that that
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Global finance chiefs sought a way  on Friday to put pressure on China to let its currency rise in  value to ease global trade imbalances and also aimed to craft a  message to soothe turbulent financial markets.
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WHITE HOUSE President Bush is pledging to "take on" the nation's huge deficits -- in hopes of shoring up the sagging U-S dollar.