WASHINGTON, Nov. 13 (Xinhua) -- President George W. Bush said in a television interview Tuesday that the U.S. dollar will be stronger due to the strength of the U.S. economy.
In an interview with Fox Business News, Bush said that if people would look at the strength of the economy, "they'd realize why, you know, I believe that the dollar will be stronger."
"We have a strong dollar policy, and it's important for the world to know that," he said as the dollar hit record low against other currencies. "We also believe it's important for the market to set the value of the dollar relative to other currencies."
Bush also pointed to strong economic growth, low inflation and low unemployment as factors that should help boost the dollar.