This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Dollar Crisis Holds Down German Mark Revaluation Fears
European governments stepped in to curb a dollar rout as West Germany faced inflationary pressure from dollar inflows. The Bundesbank spent over $1.5 billion to defend the U.S. currency while Tokyo warned of a possible yen revaluation. Gold prices eased after a crisis rally, with London closing near 69 dollars an ounce as Germany urged cooperation with Japan to stabilize markets.
MENTIONED IN THIS ARTICLE
London
Europe
West Germany
Willy Brandt
United States
Germany
U.S
Frankfurt
Bundesbank
Paris
Zurich
Japan
Tokyo
Bonn
Foreign Ministry