STRENGTHENING OF IRON CURTAIN CURRENCIES

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80-00809A000500020034-9
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 2
• Document Creation Date: December 15, 2016
• Document Release Date: November 21, 2003
• Sequence Number: 34
• Publication Date: March 1, 1953
• Content Type: REPORT

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DATE DISTR. Apr 1933
Approved or Release 2003/12/18 : CIA-RDP80-00809A000500020034-9
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N r.l ya,.l1 I?.ttl. ?~.. i...1 .11. ~.? I. .rt.t r? 11tt~M t r11
Y. 11.. 01 ??t .I CIII. .I ..1.11. i.1 r1..I.i11.C. C? 1/.t.
I.r,.. 11 ,.I C/.?/.?1 .I /. 11Ct?.. C. a N..?.I1i.11 .111.1 ~I
NO. OF PAGES 1
NO. OF ENCLS.
SUPP. TO
REPORT NO.
25X1 1? It universal strengt*ening of Iron Curtain currenaiee in terms of black
=--XOZ o ar rates during Lurch 1953. Ccaoarison of these rates for 27 Fab 33 w-itb
thej'Irates on 30 Mar 5? give t_'e fc1lc,wir.g picture:
2. The above a.io*ed rutea are jr, -eraj cf .nd1genous current' units to US dollars on
the black market. Thor- app-_z > be r~ dci,:tt that the reas^n fcr increased nonfi-
deat;,e in Iror. Ci fair. curer._ :!s L_ t- f inI in renewed peace hcpes steeping
tr--'6ugh th. a GCtsitr.~9. ..:1 'r ire o: ~` C1 t . e Ccaxminis ,~ ?'urrency, in.reeeing
dittieulties in nbteining 6,. '. f-cri we-3ter._ csr.ries requiring hart'. . trrency payme
Fart Berlin
26.5C
23.7`
10% difference
).b9'ao.
23.00
21.50
7% difference
Prague
3.?5
3.75
3 difference
1/raT~e~1
2 00
22.50
2;. difference
B.4 latest
x.50
46.00
1;b difference
Shluaghai
39,x2.
II.X1.00
1^y difference
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CENTRAL INTEI'JGENCE AGENCY
INFORMATION REPORT
USSR/German Dewcratic Republic/Czecboslovakta
Stre..-gtbening of I_ on Cur :air. Currencies
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Thlr: r,`port is for the ti..w within the USA of :he R;t )Iti r re cnmponent.+ of th,? D,pnrtrnrnt.+ or
At;??^dfes lndlcnted nh'w tt I? n,' to h.? Ir:(0Rn1lit.f OC.;'Eea.. without th,? Concurrence of the
ortt;ir:atiny, orT(ce through the. A.mistar.t DIC,Ctor of tI (11Th of Co):rrtl,nt :,w1 D'>,,?nanatlot;? CIA.
,_ I Approved !1 R or Release 2003/12/18 : CIA-RDP80-00809A000500020034-9
 Approved For Release 2003/12/18 : CIA-RDP80-00809A000500020034-9
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Approved For Release 2003/12/18 : CIA-RDP80-00809A000500020034-9