Press Releases

Statement from Secretary Geithner

(Archived Content)


TG-751

 

WASHINGTON - The U.S. Department of the Treasury today released the following statement from Secretary Tim Geithner:

We welcome China's decision to increase the flexibility of its exchange rate. Vigorous implementation would make a positive contribution to strong and balanced global growth. We look forward to continuing our work with China in the G20 and bilaterally to strengthen the recovery.

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