"We want currency levels to reflect economic fundamentals," Le Maire told reporters at a briefing at the World Economic Forum in Davos. "That is the position of the G7 and I hope it is still the position."
His comments appeared to be a response to U.S. Treasury Secretary Steven Mnuchin's aside on Wednesday, as he arrived in Davos, when he welcomed the weakening of the U.S. dollar - a move that is likely to boost U.S. exports.
Le Maire also reiterated concerns about U.S. tax reform leading to a "race to the bottom", saying that "fiscal dumping" was a dead-end. He said the United States had signalled a willingness to discuss European concerns about the issue.
U.S. President Donald Trump arrives in Davos for talks on Thursday.
(Reporting by Noah Barkin; Editing by Luke Baker)
