statementSaid on 2026-11-09
The Bundesbank proposed an exchange rate of 2:1, while the GDR State Bank proposed 7:1, roughly equal to the black market rate of the West German mark.
A statement by MarketOverview, said on 2026-11-09. Statements are as reported by the cited publishers — not verified by DecisionGateway.
Бундесбанк предлагал 2:1, а Госбанк ГДР 7:1, что было примерно равно курсу западной марки на черном рынке.
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On 1 July 1990, wages, prices, pensions and savings up to 4,000 marks per person were exchanged at 1:1, and the rest at 2:1; in total 431 billion East German marks were exchanged, of which 62 billion at the 1:1 rate.MarketOverview · statementO‘zbekiston Milliy banki buys dollars at 11 940 so'm and sells at 12 020 so'm.O‘zbekiston Milliy banki · statementMKBank buys dollars at 12,010 so'm.post author · statementThe official exchange rate of the Central Bank is 11,987.16 so'm per US dollar.Markaziy bank · statementThe Central Bank's official exchange rate is 1 USD = 11,911.71 so'm.Markaziy bank · statementOn 6 February 1990, Bundesbank President Karl Otto Pöhl announced after meeting with colleagues from the GDR State Bank that it was too early to talk about a currency union.президент Бундесбанка (ЦБ ФРГ) Карл Отто Пель · statement
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