U.S. Markets open in 1 min

Treasury's Lew says a strong dollar is a good thing

U.S. Treasury Secretary Jack Lew speaks with journalists during a tour at the Port Miami on-dock rail facilities in Miami, Florida March 19, 2015. REUTERS/Javier Galeano

MIAMI (Reuters) - U.S. Treasury Secretary Jack Lew on Friday said a strong U.S. dollar was a "good thing" and reflected strength in the U.S. economy, repeating a long-standing mantra of U.S. administrations.

Lew was speaking in Miami before students and businessmen at the Miami Dade College Wolfson Campus.

(Reporting by Zachary Fagenson in Miami; Additional reporting by Jason Lange in Washington; Editing by Chizu Nomiyama)