Bush reaffirmed strong dlr support at G8: official
TOYAKO, Japan (Reuters) - U.S. President George W. Bush reaffirmed his support for a strong dollar during the Group of Eight summit, a U.S. official told reporters on Tuesday.
"The president of course reaffirmed his interest in a strong dollar, and his commitment to a strong dollar," said Dan Price, assistant to Bush for international economic affairs. "There was a general discussion of exchange rates."
Price also said significant advances had been made in the leaders' discussions about climate change.
"First there was agreement among the G8 that they should seek to share with the other parties to the U.N. convention a vision of a low-carbon society and with all the parties to the U.N. convention consider and adopt a goal of reducing emissions by at least 50 percent by 2050," he said.
"Second there was recognition by the G8 ... that all major economies, developed and developing, must commit to meaningful midterm mitigation actions," Price said.
(Reporting by Jeremy Pelofsky; Editing by Hugh Lawson)
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