By David Milliken and Leika Kihara AYLESBURY, England (Reuters) - The United States told Japan on Friday to stick to the rules when it came to the value of its currency, setting the stage for a potentially frank meeting of Group of Seven finance ministers outside London. Treasury Secretary Jack Lew said Japan had "growth issues" that needed to be dealt with but that its attempts to stimulate its economy needed to stay within the bounds of international agreements to avoid competitive devaluations.

TOKYO - The dollar soared above 100 yen for the first time in more than four years Friday, driven by aggressive credit-easing aimed at reviving Japan's sluggish economy and improved U.S. economic figures. The U.S. dollar rose as high as 101.30 yen, the first time since April 2009 that the greenback has traded above 100 yen. The move lifted Japanese stocks to their highest level in more than five years.

WASHINGTON - The IMF says Egypt's financial situation is deteriorating and the organization is awaiting updated economic information and reform plans from the government in Cairo before it can move ahead with a deal on a $4.8 billion loan. Egypt's negotiations with the IMF for the loan have dragged on for more than a year. The deal for the loan is expected to usher in widely unpopular austerity measures.

Japan's foreign exchange reserves rose $3.61 billion to $1,257.96 billion at the end of April from a month earlier, up for the first time in seven months, the Finance Ministry said Thursday. The reserves gained due in part to the appreciation of the euro versus the U.S. dollar, which led to higher values of its holdings of euro-denominated assets, and to an increase in interest incomes from bonds the Japanese government owns, a ministry official said.