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Bush says for Stronger Dollar -NBR interview | ASHARQ AL-AWSAT English Archive 2005 -2017
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WASHINGTON, (Reuters) – President George W. Bush on Wednesday said he was for a stronger dollar, and that the dollar was affecting oil prices, which have vaulted to a record high above $110 a barrel.

Asked in a PBS’ Nightly Business Report interview whether he would like a stronger dollar, Bush replied: “I would, absolutely.”

Responding to Saudi Arabia saying the high price of oil was a result of the weak dollar, Bush said: “No question that the value of the dollar has affected the price of oil, but I’m convinced that it’s supply and demand that’s really creating the major portion of the rise.”