West Germany, late 1960s
Deutch Marks were pouring into the country in anticipation of a reval for no other reason than to PROFIT.
Result:
"West German foreign-exchange reserves rose from US$2.7 billion in December 1969 to US$12.6 billion by December 1971, and to US$28.1 billion by September 1973. "
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Thread: Good example of a Historic Reval
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08-05-2007, 04:25 PM #1
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Good example of a Historic Reval
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