CORRECTED-HIGHLIGHTS-G7 finance officials gather in UK

Fri May 10, 2013 6:06pm EDT
 
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(Changes Lagarde quote to "full-speed", not "4 speed") The United States warned Japan on Friday to stick to the rules when it came to the value of its currency, setting the stage for a potentially uncomfortable meeting of G7 finance ministers outside London.

Following are quotes from some of the main officials at the Friday-Saturday meeting.

TARO ASO, JAPANESE FINANCE MINISTER

"We explained at the G7 that Japan took bold monetary and fiscal action to end prolonged deflation, with the government and the Bank of Japan working closely together."

"The G7 didn't have a particular problem ... I think Japan's stance is gaining broader understanding."

JACK LEW, U.S. TREASURY SECRETARY

On Japan, yen:   Continued...