World monetary crisis: ‘Group of Ten’ meet

West German Economics Minister Karl Schiller said to-day [November 21, Bonn] that financial leaders of the 10 major non-Communist industrial countries were facing very difficult problems in their efforts to solve the current international monetary crisis. He told reporters after a three-hour session on the second day of the conference of Ministers and Central Bank Governors of the ‘Group of Ten’ that a lot of time would still be required to work out solutions. More than 100 delegates of the group began an emergency conference yesterday in a bid to end recent massive speculation against the French franc. The Group of Ten are the United States, Canada, Britain, France, West Germany, Belgium, the Netherlands, Italy, Sweden and Japan.

Source  :  https://www.thehindu.com/todays-paper/tp-opinion/world-monetary-crisis-group-of-ten-meet/article25561730.ece