German mark

(redirected from West German mark)
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Noun1.German mark - formerly the basic unit of money in GermanyGerman mark - formerly the basic unit of money in Germany
German monetary unit - monetary unit in Germany
pfennig - 100 pfennigs formerly equaled 1 Deutsche Mark in Germany
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19), such as exchanging the East German mark one to one for the West German mark (which implied an appreciation of the East German mark by some 400 percent), thus triggering unrealistic expectations that fed into excessive wage demands.
0] = Average percent changes in Japanese Yen and West German Mark foreign exchange rates NEM = U.
The rise in yields occurred in the context of a general runup in international capital market yields, which appears to have been in part a response to emerging opportunities associated with the opening of Eastern Europe; this development had particularly notable effects on the exchange value of the West German mark, which rose considerably relative to the dollar, the yen, and other non-European Monetary System currencies.

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