<blockquote>
  <p>In November 1968, large inflows of foreign currency into the Bundesbank prompted Germany to enact a "pseudo - revaluation" with a special tax on exports and tax allowance on imports.</p>
</blockquote>

<p>Source: <a href="https://pdfs.semanticscholar.org/e5af/e08bcfb3dc6172a431fac4bf413b638e0f83.pdf" rel="nofollow noreferrer">German Monetary History
in the Second Half of the
Twentieth Century</a>, pg 44.</p>

<p>Could anyone explain why the mark finally revalued?  What was the mechanism?</p>

<foreign-exchange><germany>
Reasons and mechanisms of Deutsch Mark revaluation in 1968
johnniem
# Reasons and mechanisms of Deutsch Mark revaluation in 1968

(Asked by: username_0 on 2017-01-10)

> In November 1968, large inflows of foreign currency into the Bundesbank prompted Germany to enact a "pseudo - revaluation" with a special tax on exports and tax allowance on imports.

Source: [German Monetary History
in the Second Half of the
Twentieth Century](https://pdfs.semanticscholar.org/e5af/e08bcfb3dc6172a431fac4bf413b638e0f83.pdf), pg 44.

Could anyone explain why the mark finally revalued? What was the mechanism?

**Tags:** foreign-exchange, germany


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## 0 answers

