AMAZING RECOVERY
GERMAN GOLD RESERVE (Australian and N.Z. Press Association) BERLIN, Saturday. Among the indications of Germany’s amazing recovery from the effects of the war not the least is her gold reserve. It is revealed by a Reichbank return that it held £136,750.000 in gold at the end of 1928, more than double that held in 1914. The gold reserve, which in October. 1923, had sunk as low as £20,000,000. now covers the German note issue to the extent of 55.4 per cent.
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Sun (Auckland), Volume II, Issue 555, 7 January 1929, Page 9
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83AMAZING RECOVERY Sun (Auckland), Volume II, Issue 555, 7 January 1929, Page 9
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