Join the new world

Already have an account? Login



What is this?

You are reading an article written by a citizen of eRepublik, an immersive multiplayer strategy game based on real life countries. Create your own character and help your country achieve its glory while establishing yourself as a war hero, renowned publisher or finance guru.

Bundesbank Report Day 504

Day 504, 16:02 • Published in Germany Germany

• by Bundesbank

Today the price of gold increased due to sell orders placed on the market. The price of DEM decreased from 0.023 gold to 0.020 gold within a few hours. The situation on the market was tense already, and when a massive offer of 10,000.00 DEM was placed, the market reacted almost immediately. For the last couple of hours the situation stabilized, but the market is still monitored by the Bundesbank. Nevertheless, the Bundesbank is not planning to intervene in current conditions, however reserves the right do so in case of occurence of market anomalies.