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Summary:Chancellor Willy Brandt sanctioned the revaluation of the mark, a decision his predecessor had refused to sanction. The value of the mark was increased by eight and a quarter per cent from four marks to the dollar to three point six-six. Karl Schiller, Economics Minister, announced the increase. NOTE: Date is approximate. This clip may contain footage from multiple events; exact date or dates may be unknown.
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Location:FEDERAL REPUBLIC OF GERMANY FRG BONN
Reuters ID:LDL0010H8S7HR
Aspect Ratio:4:3
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Copyright Holder:Reuters Archive
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