At the beginning of November, Fritzi Köhler-Geib was appointed as new member of the Executive Board. The Executive Board has therefore reallocated its areas of responsibility. The following allocation of responsibilities shall apply with immediate effect.

The German government has decided to mint a €2 commemorative coin entitled “175th Anniversary of the Frankfurt Constitution” to be issued on 21 March 2024.

The balance of payments records all economic transactions between residents and non-residents within a given time period and thus shows a country’s complex economics links with the rest of the world.

The Deutsche Bundesbank calculates the basic rate of interest pursuant to Section 247(1) of the German Civil Code (Bürgerliches Gesetzbuch) and publishes its current level in the Federal Gazette (Bundesanzeiger) pursuant to Section 247(2) of the German Civil Code.

Following the entry into force of the revised Foreign Trade and Payments Regulation (AWV) on 1 September 2013, all external reports from enterprises, banks, public authorities and individuals must, as a general rule, be submitted in electronic format to the Bundesbank directly.

In October 2024, average inflation expectations of individuals in Germany remained unchanged at 2.8% over a 12 month horizon – a figure below the 3% mark for the third time this year. 44% of individuals expected inflation rates to remain unchanged or virtually unchanged during this period. Average inflation expectations three years ahead decreased for the fourth consecutive month and stood at 3.0% in October.

The branches of the Bundesbank supply the economy with euro banknotes and coins, and offers private customers the opportunity to exchange D-Mark banknotes and coins free-of-charge and with no fixed deadline.