Ahmadinejad: Bush's policies are destroying value of US dollar

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November 18, 2007 19:18

 
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Iran's President Mahmoud Ahmadinejad blamed US President George W. Bush's policies for the declining value of the US dollar in a press conference Sunday. "The US dollar has no economic value," he told a news conference, claiming that Bush's policies are causing inflation in other countries. Ahmadinejad was speaking at the close of the Organization of Petroleum Exporting Countries' heads of state summit hosted by Saudi Arabia. He added that OPEC finance ministers and foreign ministers had been tasked to study the effects of the weaker dollar.

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