Just like its predecessor, the Bank deutscher Länder, the Bundesbank was committed to preserving the stability of the Deutsche Mark. But more than that, the Deutsche Mark grew to become a key currency in the international area and a symbol of Germany’s national identity as an economic powerhouse.
The year 1999 saw Germany join European monetary union, and since then the Bundesbank has been committed to a stable euro with equal vigour. The Bundesbank first saw the light of the world on 4 July 1957, the day on which Germany’s Bundestag adopted the Bundesbank Act – alongside the Antitrust Act.