51. The outgoing director of the International Monetary Fund proposed Sunday replacing annual meetings of the Group of Seven industrialized nations with a summit more representative of the world. 52. The U.S. dollar was slightly lower against the yen Monday morning following a weekend meeting of finance officials from the Group of Seven industrialized nations. 53. The U.S. dollar rose against the yen Thursday morning as traders bet that the Group of Seven industrialized nations was unlikely to intervene to defend the yen. 54. There was no immediate word if the EU would boycott the June summit of the Group of Seven most industrialized nations in Halifax, Canada. 55. Tokyo shares were also weighed down by caution ahead of the meeting of finance ministers and central bankers from the Group of Seven industrialized nations, market players said. 56. Traders said market players are cautious ahead of the weekend meeting of finance ministers and central banks from the Group of Seven industrialized nations in London. 57. Traders said activity may remain in a narrow range ahead of the conclusion of the summit meeting of the Group of Seven industrialized nations this weekend. 58. Traders said that the dollar was supported by comments from the meeting in Washington among finance ministers and central bank governors of the Group of Seven industrialized nations. 59. Traders said market player are rather cautious ahead of the weekend meeting of finance ministers and central banks from the Group of Seven industrialized nations in London. 60. Clinton, who is in Lyon, France, attending a meeting of the Group of Seven industrialized nations, hailed the House action. |