Geithner supports strong dollar

Pittsburgh - Treasury Secretary Timothy Geithner says the United States has a a special responsibility to preserve the role of the dollar as the world's primary reserve currency.

Geithner said that a strong dollar is very important to the United States and the Obama administration is committed to doing everything necessary to preserve the dollar's standing in global currency markets.

Geithner, talking in Pittsburgh, said as part of this effort the administration was committed to bringing down the soaring US budget deficit once an economic recovery is firmly in place in the United States.

- AP