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Italy PM Renzi says no concern over dollar expressed at G7 meeting
June 8, 2015 / 1:54 PM / 2 years ago

Italy PM Renzi says no concern over dollar expressed at G7 meeting

Italy's Prime Minister Matteo Renzi arrives for the second working session of the G7 summit at the Elmau castle in Kruen near Garmisch-Partenkirchen, Germany, June 8, 2015.John Macdougall/Pool

KRUEN, Germany (Reuters) - Italian Prime Minister Matteo Renzi denied on Monday that concern over the strength of the dollar had been an issue at a meeting of leaders of the Group of Seven (G7) industrialised countries.

"We discussed the oscillations of the euro and the dollar simply to get a picture of the reality of individual countries. There was no argument over this," Renzi told reporters after the meeting.

Earlier, the dollar fell briefly against the euro and the Japanese yen after a news agency report that U.S. President Barack Obama had told the meeting that the strong dollar was a problem. The White House denied the report.

Reporting by James Mackenzie

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