General Search
Multiple search words are automatically linked with "AND". Text enclosed in quotation marks (") returns only the pages in which this text occurs exactly. With the search filters next to the results you have the possibility to further limit your search.
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Collector euro coins
Since the introduction of euro banknotes and coins, a number of German euro collector coins have been issued every year, which are only legal tender in Germany. Issues of these coins in mint condition can be purchased at all Bundesbank branches.
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Foundations of Resilience: The Role of Cash and the Digital Euro Keynote speech at the Global Currency Forum (GCF)
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Nagel interview: Interest rates could rise if outlook doesn’t improve
07.05.2026 DE
Inflation this year is going to be noticeably higher than we were expecting it to be before the war in the Middle East broke out,
Bundesbank President Joachim Nagel told the RedaktionsNetzwerk Deutschland (RND) media network in an interview. How high inflation turns out to be mainly depended on how long the Strait of Hormuz remained blocked, he added.If the outlook doesn’t improve noticeably, I would expect us to raise interest rates in June,
Nagel said, pointing to the geopolitical situation and rising energy prices. -
"Inflation is expected to average around 2.7% for the year" Interview with RedaktionsNetzwerk Deutschland (RND)
Inflation this year is going to be noticeably higher than we were expecting it to be before the war in the Middle East broke out,
Bundesbank President Joachim Nagel told the RedaktionsNetzwerk Deutschland (RND) media network in an interview. How high inflation turns out to be mainly depended on how long the Strait of Hormuz remained blocked, he added.If the outlook doesn’t improve noticeably, I would expect us to raise interest rates in June,
Nagel said, pointing to the geopolitical situation and rising energy prices. -
The external position of the Bundesbank, International reserves and foreign currceny liquidity of the Eurosystem
Bundesbank’s external position stood at €909 billion at the end of March 2026, with claims from the TARGET2 payment system worth €1031 billion making up around 65 % of total assets. These are followed by international reserves, comprising gold and foreign exchange reserves, including the special drawing rights allocated by the International Monetary Fund (IMF), which account for a total of 27 % of assets. At 87 %, issuance of euro cash accounted for the bulk of liabilities. Deposits of non-euro area residents amount to 5 % of foreign liabilities.
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Herausforderungen für eine Zentralbank in unruhigen Zeiten Rede beim Wirtschaftsempfang der Gemeinde Ganderkesee
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Counterfeit Money
The Counterfeit Money Unit's task is to examine and store counterfeit money of any currency which is seized in Germany or confiscated by the police. We also check the authenticity of payment cards, securities, traveller's cheques and gold and silver coins which are legal tender. Another focal point of our work is to prevent the circulation of counterfeit money.
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Exchange rates, euro foreign exchange reference rates, other rates
DE
The Bundesbank's exchange rate statistics represent a collection of current and historical exchange rates.
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Foreign reserve management
This course is aimed at employees responsible for reserve management at the policymaking, operational or risk control level. Participants should have a sound knowledge of portfolio management so that they can share their experiences and actively contribute to discussions.
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