Between 1940 and 1945, the German Reichsbank sold 1. 3 billion francs worth of gold to Swiss Banks in exchange for Swiss francs and other foreign currency.
Between 1940 and 1945, the German Reichsbank sold 1. 3 billion francs worth of gold to Swiss Banks in exchange for Swiss francs and other foreign currency, which were used to buy strategically important raw materials like tungsten and oil from neutral countries.
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