Deutschmark

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Deutschmark

, Deutsche Mark
the former standard monetary unit of Germany, divided into 100 pfennigs; replaced by the euro in 2002: until 1990 the standard monetary unit of West Germany
References in periodicals archive ?
My key issue: "How can the Bonn government ensure that the euro will be as stable as the deutschemark if the Maastricht Treaty is standing only on one pillar: monetary constitution?
Euroskeptics once warned the euro wouldn't be as "hard" as the Deutschemark.
As inflation in Germany was the lowest in the Community, it had the inadvertent effect of consistently undervaluing the deutschemark and giving German exports a competitiveness edge, at least within the Community.
The dollar, the deutschemark, and the yen meet the above criteria more than any other currency.
Options on futures are traded on the following six currencies: British pound, Canadian Dollar, Deutschemark, Japanese yen, Swiss franc and Australian dollar.
The picture that emerges from all this is that, whereas certain existing currencies are widely used in Europe, notably the Deutschemark and, of course, the U.
Using high-frequency data on Deutschemark and yen returns against the dollar, Andersen, Bollerslev, Diebold, and Labys estimate daily exchange rate volatility and correlation for an entire decade.
The foundation is underwritten by a 5 million Deutschemark grant from its founders, Count and Countess van der Groeben of Germany.
Average tariffs have been linked to the Deutschemark, although some allowance is made for domestic inflation.
Indeed, during the fixed-rate era, a preponderance of devaluations occurred (only the deutschemark and Dutch guilder were revalued upwards) and this put pressure on the U.
The recent appreciation of the deutschemark is likely to slow growth and reduce inflation in 1990 whilst the recent depreciation of the yen is expected to produce the opposite result.

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