Obama Says Dollar Depends on Economy as G-20 Renews Fed Dispute

President Barack Obama said the strength of the dollar rests on sustaining the U.S. expansion as Group of 20 officials remain divided over whether the Federal Reserve is helping or harming the world economy.

Obama joins his G-20 counterparts at a summit in Seoul today, defending America’s economic policy by arguing growth in his country is the “most important contribution” the U.S. can make to the global recovery and that its “fundamental strength” will ultimately determine the dollar’s value.