Chapter 104: Husky Among Dogs

Turkey has been hailed by the media of several countries as the most enlightened religious country in the Middle East.

Because, since Turgut Özal came to power, he has broken the political pattern of Turkey with strong means and implemented the separation of powers.

And, he encouraged women to take to the streets and get involved in the work.

To this end, legislation has been enacted to protect the legitimate rights and interests of women so that they are not discriminated against.

Turkey's economic leap in just four years is inseparable from Turgut Özal's performance during his time in power, which freed up the country's huge labor force and created a lot of labor value.

Moreover, during the execution of Turgut Özal, the Kurds living on the border between Turkey and Syria were pacified, friction between the two sides was reduced, and even mutual prejudices were put aside to conduct business and communicate peacefully.

For this reason, Turgut Özal was hailed by Western countries as Turkey's most enlightened and great president, and even when he said that the twenty-first world must be the era of Turkey, many countries were convinced of this, and many capital also flowed into Turkey from other countries.

But now...... Turgut Özal died.

He died too suddenly, too unexpectedly.

No one knows what kind of policy the next successor will implement.

November 23rd.

Suddenly there was a violent shelling sound from Mount Aare.

After 16 uprisings, the Kurds, who had always been betrayed and suppressed, formed the Kurdish Democratic Union Party and launched an attack on Turkey from Iran, Syria and Iraq from the southeast.

On November 26, Italian Prime Minister Ciampi said that Italian investor Carlo had disappeared in Turkey and demanded an explanation from the Turkish government.

£T. sells for 20000 at a price of 15875

£T. sold 66666666 for 15987

£T. buy 10,000 at 15,981

£T. sold 66666666 for 16213

£T. buy 2,000,000 at 16210

£T. Sell 666666666 for 16300

£T. sold for 2000 at a price of 16299

......

Ankara International Hotel, temporary office of First International Capital.

William sat intently in his office, looking at the Turkish lira quotes for the global spot market, his brow almost furrowed.

Due to the sudden death of Turgut Özal and the surrounding military and political conflicts, the Turkish lira has fallen below the 10,000 mark as expected by Wall Street analysts, and shows no signs of stopping.

It is estimated that it is only a matter of time before it falls below the 20,000 exchange ratio.

However, the special problem is that instead of making money, First International Capital has lost a lot of money in the Turkish lira.

This is a very ridiculous thing.

Shorting the Turkish lira, the lira fell even far more than expected, but as a result, not only did it not make money, but it lost more than 10 million US dollars.

Cause?

The Turkish lira is a regional currency, so the total volume of the market in the international futures market is not large, and the daily turnover is only more than 10 million US dollars.

Because the pool is so large, William can only open a negligible position in futures, and most of the funds are pressed in the spot market.

Herein lies the problem.

Every day, Turkey's central bank shouts that the lira will never depreciate, and also shouts that it will crush international currency speculators and ensure that the border conflict will soon return to calm.

But everything has been done, but the Turkish central bank just doesn't accept it, doesn't pull out a dime, and doesn't accept any selling orders thrown by sellers in the market at all.

On Wall Street, almost all speculators are also shorting, except for some speculators in Turkey who are emotionally manipulated to long the Turkish lira, and there is hardly any buying in the market.

The results can be imagined.

The lira thrown can depreciate by 10 percent in an instant.

In other words, no one buys the share of the spot market sell position established by William, and it is all waste paper.

But the exchange fee can't be ignored.

There are also back and forth over-selling costs, buying at a high price and selling at a low price, back and forth, minus some insignificant profits in the foreign exchange futures market, and the account of First International Capital has lost more than 10 million US dollars.

Finally, it's time for the break.

Watching the Turkish lira price stand still at 17,886, William felt like he was in a dog day.

Bearish, short, and especially lose money.

Shameless countries have seen it, but they have never seen such a shameless country as the Turkish Central Bank.

Oh, my God!

To what extent has the inflation exploded outside, bread has risen fourfold in a month, and minerals and steel, as well as mechanical and electrical, have risen eight times exaggeratedly, and the Turkish central bank can still remain indifferent.

"......"

Angrily scolded, William pushed Shen Jiannan's office open, he seriously doubted that his boss's head was pumped, and if he continued like this, people would not accept the offer at all, and the company would lose no amount of money.

At this time, Shen Jiannan leaned on his office chair and watched the price trend of crude oil on the computer.

After the end of the Gulf War, the price of crude oil fell from $37 to $22, but the recent unrest in the Middle East has caused crude oil to fall by 20 percent again.

Rockefeller is a Rockefeller after all, and in the unfavorable situation of the president being robbed of the president by the Democratic Party, he can still make a lot of money in the Middle East, which is really difficult to deal with.

It is conceivable that, with the recent friction and impulses in the Middle East, the arms dealers tied to Rockefeller, as well as the oil companies, will make a lot of money, selling arms at high prices and buying oil at low prices.

One by one, they made a lot of money.

If you throw the chip in your hand now, I guess these guys will be scared to death.

I just don't know if Peng Er has found anyone there.

Bang, bang!

There was a knock on the office door.

As Shen Jiannan agreed, William pushed the door and walked in with a frustrated and puzzled face, and as soon as he entered the door, he complained angrily: "Boss." We've now widened our losses to $13 million......"

Shen Jiannan grabbed the cigarette case from the table, smoked one and shook it to William: "This is Turkey's top cigarette, how about you taste it." ”

In the West, it is said that smoking is to be like the Turks, romantic and enjoyable.

This shows how high the reputation of Turkish cigarettes is in the world.

Don't blow it, don't black it.

Tobacco in Turkey does taste better than cigarettes in many countries.

After taking a puff of cigarette, William's anger also subsided, and he said helplessly: "Boss, the local chicken is not a thing, their central bank will not accept it at all, what should we do next?"

Shen Jiannan said with a smile: "Have you ever heard a word?"

"What words. ”

"Husky in dogs, Turkish chickens in the country. ”