History, asked by molly24, 1 year ago

why the value of German currency mark fell​

Answers

Answered by durgeshsinghrajput30
0

With its gold depleted, the German government attempted to buy foreign currencywith German currency, equivalent to selling German currency in exchange for payment in foreign currency, but the resulting increase in the supply of German marks on the market caused the German mark to fall rapidly in value, which greatly .. ..

Answered by husain73
1

With its gold depleted, the German government attempted to buy foreign currencywith German currency, equivalent to selling German currency in exchange for payment in foreign currency, but the resulting increase in the supply of German marks on the market caused the German mark to fall rapidly in value, which greatly ...

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