G7
Central bankers support China's move on yuan rate
The Group of Seven leading industrial nations on Thursday praised China's decision to revalue its yuan currency and said it would help the global economy.
G7 communique from Washington meeting
The financial ministers and central bankers of the Group of Seven nations met in Washington on Saturday 16 April. Their statement repeated a call for "more flexibility in exchange rates" where it was lacking.
IMF analysing options on gold
The International Monetary Fund is currently preparing a report on the possibility of selling or revaluing a portion of its gold reserves and the IMF staff analysis of the options will be eagerly awaited.
China agrees 'steady' move on exchange rate
The US won a commitment from China at the G7 meeting in Washington on Friday that it would move 'firmly and steadily' to a flexible, market-based currency.
Russia not to vary currency policy after G7 meet
Russian Central Bank First Deputy Chairman Oleg Vyugin said on Monday 9 February that the bank saw no reason to change its currency policy following last weekend's Florida meeting of the Group of Seven finance ministers and central bank governors.
IMF officials to meet Iraqi finance chiefs
Iraq's finance minister and central bank governor are to meet officials at the International Monetary Fund after attending a Group of Seven meeting in Boca Raton, Florida.
Tanigaki to explain Japan's monetary policy at G7
Japanese Finance Minister Sadakazu Tanigaki said on Friday 23 January that he will give an accurate picture of Japan's fiscal and monetary policies at the upcoming Group of Seven finance ministers' meeting.
Finance chiefs to meet in Florida on February 6
G7 finance chiefs and central bank governors will meet in Florida for a two-day summit from February 6, the US Treasury has announced.
G7 communique
Statement of G-7 Finance Ministers and Central Bank Governors, Dubai, United Arab Emirates, September 20, 2003
US claims victory over G7 call for flexible rates
US treasury secrtary, John Snow has claimed a victory in America's campaign to cajoule Asian countries to abandon pegs to the dollar. This follows the G7's communique's call for "flexibility" in exchange rates.
Canada's Dodge on financing world growth
In a speech on 'Financing World Growth' given on 5 September David Dodge of the Bank of Canada said the G-7 finance ministers and central bank governors have adopted much of the approach to crisis resolution detailed in a joint paper published in 2001 in…
Fed's Ferguson to head G7 stability body-G7 source
Federal Reserve Vice Chairman Roger Ferguson will be named the new head of the Financial Stability Forum this weekend, Reuters reports. A G7 source apparently said on Thursday "It will be Ferguson" when asked about the appointment, according to a Reuters…
The Fund and Bank: learning the right lessons?
Recent vitriolic attacks on the Bretton Woods twins go too far. But some changes are urgently needed. Frank Cassell calls for less G7 dominance and more executive board independence.
Japanese MOF Press Release, 27 Feb
PRESS RELEASE - Statement of G-7 Finance Ministers and Central Bank Governors, 27 February.
G7 respond to Bush's call to freeze accounts
US - Washington's G7 partners have begun to respond to President George Bush's call yesterday to freeze financial accounts of a list of suspected terrorist organisations and individuals linked to them.
Report - Central banks did not act together
US - Unlike the co-ordinated monetary policy moves that were the hallmark of international economic co-operation of the 1980s, the spate of interest rate cuts that rippled around the world on Monday and Tuesday was not a pre-arranged exercise by G7…
Solbes rebuffs O'Neill over interest rate cuts
EUROPE - European Economic Affairs Commissioner Pedro Solbes on Apr 23 raised the heat ahead of a meeting of Group of Seven finance ministers by rejecting U.S. Treasury Secretary Paul O'Neill's prescription for the euro zone.
European fin mins meeting to discuss growth, ECB
EUROPE - European finance ministers meeting in Malmo this weekend have put the European Central Bank on notice that it had better explain its refusal to cut interest rates amid gathering gloom for global growth.
BOJ's Yamaguchi to visit Washington to attend FSF
BOJ deputy governor Yutaka Yamaguchi will visit Washington from Mar 22, 2001 to attend a meeting of the Financial Stability Forum, the central bank said in a statement on Mar 21, 2001.
Japan, Germany agree to cooperate on IMF reform
Japanese and German finance officials agreed Feb 20 to cooperate closely in implementing International Monetary Fund reforms and beefing up the international monetary system.
Japan's financial sector key G7 issue - Miyazawa
Japanese Finance Minister Kiichi Miyazawa said on Feb. 19, 2001 that he thought improving Japan's financial sector was at the core of discussions at the weekend meeting of the Group of Seven (G7) leading nations. "Japan's bad loan issue was seen as the…
Bush adviser-Sept G7 FX intervention mistake-paper
Lawrence Lindsey, the top economic adviser to U.S. President George Bush, was quoted on Feb 17 as saying intervention by G7 central banks last September to support the euro had been a mistake.The International Herald Tribune also quoted Lindsey as…
U.S. statement on O'Neill-Miyazawa meeting
Following is a statement issued by the U.S. Treasury on Feb 17, 2001 after a meeting between Treasury Secretary Paul O'Neill and Japanese Finance Minister Kiichi Miyazawa. O'Neill and Miyazawa met in Sicily before the start of a meeting of Group of Seven…
ECB'S Welteke assumes U.S. still wants strong dlr
European Central Bank council member Ernst Welteke said on Feb 17, 2001 that he could imagine the United States would remain interested in a strong dollar, according to a spokesman for the central banker. Welteke said a strong dollar policy would help…