January 26, 2018 / 2:13 PM / a year ago

Treasury Secretary Mnuchin says he was not trying to move dollar: CNBC

Steven Mnuchin, U.S. Secretary of the Treasury, gestures as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 25, 2018. REUTERS/Denis Balibouse

WASHINGTON (Reuters) - U.S. Treasury Secretary Steve Mnuchin said on Friday he was not trying to talk down the dollar and his comments earlier this week were taken out of context, according to an interview with CNBC.

“I made the comment two days ago in a press gaggle in the morning. What I said was actually very even-handed and consistent with what I said before,” Mnuchin told CNBC from the World Economic Forum in Davos, Switzerland. “I was not trying to move the dollar.”

The dollar index pared losses after Mnuchin tells CNBC he was not trying to talk the dollar down.

Reporting by Katanga Johnson and Doina ChiacuEditing by Chizu Nomiyama

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