CENTRAL INTELLIGENCE BULLETIN

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP79T00975A014800010002-5
• Release Decision: RIPPUB
• Original Classification: T
• Document Page Count: 7
• Document Creation Date: December 14, 2016
• Document Release Date: March 6, 2003
• Sequence Number: 2
• Publication Date: October 17, 1969
• Content Type: REPORT

Approved For Release 2003/03/28 : CIA-RDP79TOO975AO148%VOa - ret
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DIRECTORATE OF
INTELLIGENCE
Central Intelligence Bulletin
Top. Secret
c 196,
17 October 1969
Approved For Release 2003/03/28 : CIA-RDP79T00975AO14800010002-5
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Central Intelligence Bulletin
CONTENTS
West German : An 8-10 percent revaluation appears
likely. Page 4)
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 Approved For Relo
West German : An 8-10 percent revaluation of
the mark now appears most likely.
At its meeting on 9 October Germany's Central
Bank Council decided to recommend to the new cabinet
a revaluation of 8-10 percent,
The German Counci o conomic Ex-
perts has recommended a similar increase.
By acting swiftly to resolve the lengthy dis-
pute, the Bonn coalition will be seeking to project
an image of unity and decisiveness. For Brandt to
make his first major decision in the economic area
would be in line with his previously announced in-
tent to concentrate on domestic issues. This tac-
tic serves to remove the spotlight from the realm
of foreign policy,-where the government's approach,
particularly its more activist line toward the East,
could prove controversial.
A revaluation of this magnitude is not likely
to have an immediate adverse effect on the West Ger-
man economy. Industry'is operating at full capac-
ity, and orders already on the books guarantee a
high level of production and employment for several
months. There will probably be a permanent repeal
of the four percent border tax measures, thereby
reducing the effective rate--as far as German indus-
try is concerned--to no more than 4-6 percent.
The new exchange rate for the mark is to be de-
cided at a cabinet meeting scheduled for 23 October
and may be announced during the weekend of 25 Octo-
ber. Revaluation of the mark will contribute to
greater stability in the international monetary sys-
tem and ease the pressures on the dollar, the pound
and the franc.
Central Intelligence Bulletin 4
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Top Secret
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