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The article discusses the latest developments in the global financial market as of September 24, 1966. The development of a program to reform the global monetary system will continue at the International Monetary Fund (IMF) meeting in Washington DC in late September 1966. The meeting will be attended by the finance ministers of the Group of 10 countries, as well as the 20 executive directors of the IMF. The Group of 10 countries include Great Britain, Sweden and Canada.

The article reports on a meeting of the Group of Ten rich nations attended by U.S. Treasury Secretary John Connally. The meeting's outcome hinted that the U.S. might make an agreement to settle the world money upheaval. The U.S. Federal Reserve Board Chairman Arthur F. Burns already told the U.S. president Richard Nixon the importance of the agreement for preventing world economic slowdown. Some faint outlines of the deal include devaluation of dollar and revaluation of Yen among others.