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United States Dollar Crisis #458099

NBC Evening News for Thursday, May 06, 1971
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(Studio) Major European banks stop trading United States dollars until decided whether US devalues dollar or European cntrys. increase value of own currencies.
REPORTER: Frank McGee

(W. Berlin, West Germany) Film shows Americans lined up to exchange dollars for German marks. [Unidentified AMERICAN - says exchanging dollars for marks; value of dollar going down.] Bank limits exchange to $150 per person. West Germany could revalue mark; let it float, adopt regulations restricting currency flow into country
REPORTER: Robert Hager

(Studio) West Germany announces it won't increase value of mark.
REPORTER: Frank McGee

Reporter(s):
Hager, Robert;
McGee, Frank
Duration:
00:03:10

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