Chapter Ninety-Five: The Beaten Chicken
"Carlo. What do you say?"
Engel Altan Cadi scrambled up from his chair, his face flushed a little, and then turned pale in an instant, completely unable to believe what he had heard.
Lira plummeted by 30 percent?
How is this possible.
At most, a rate cut can suppress the lira's upward cycle, and a one-hundredth-percent drop in the lira is already the limit.
It's impossible to drop by three percent!
The secretary Carlo was about to cry, he didn't know what was going on, the financial markets around the world didn't know if the system was wrong, and suddenly a large amount of lira was sold, and the central bank was caught off guard and before it could react, the lira was broken by 30%.
"President. At the moment the cause of the problem is not clear, and there is no news against us. We now need to convene an urgent meeting immediately. â
"Check it out. Before the meeting starts, find out what is going on right away. â
Ankara International Hotel.
The 33rd floor has been temporarily chartered by First International Capital and has become the temporary foothold and office location of First International Capital's team.
At this time, Shen Jiannan sat in the conference room with a gloomy face, and other executives from various departments lowered their heads one by one and were silent.
A minute ago, news came from the marketing department that the lira lightning crashed, and since the morning, there have been more than three trillion lira sell-offs in the global offshore market, bombarding the lira against the dollar from 1764 to 2293.
Plummeted by 30 percent.
But his group has just arrived in Turkey and has not yet sold the lira they hold.
The market shouldn't have plummeted so suddenly.
It's like someone rushing away before the whistle blows, isn't this a rat barn?
If it's a small pen, it doesn't matter, such a large sell-off must be treated severely.
Although the result is self-wanted, this is in no way allowed.
Who is it?
Someone dared to attack the lira behind the company's decision.
"William. What the hell is going on?"
Seeing the boss Senhan's eyes, William was panicked and confused.
The devil knows what's going on.
Not long ago, he was still playing games with those beauties, how could he care about these things.
The boss has said that he will deal with it himself.
Doing things by yourself is not looking for death.
Staring at Shen Jiannan's indifferent but creepy eyes, William hurriedly said, "Boss." I don't know, but our $4 billion position, absolutely not a word has moved. â
Shen Jiannan believes that William will not do anything, and he said this just to sound a wake-up call for some executives in his peers.
Sweeping the faces of the executives in turn, Shen Jiannan picked up the phone and called the UK, which currently has the largest position in the offshore market, and it must have been launched from the UK side first.
"Boss, I don't understand what you're talking about. The six hundred billion lira we hold is intact. â
London, United Kingdom.
The old turnip, who temporarily took over William's duties, looked confused, and hurriedly pushed away Badenberg's body and said.
Shen Jiannan squinted his eyes and said, "Old radish head." Are you sure? The lira has plummeted by 30 percent, and it is impossible for the market to have such a large amount of money in the market that could break the lira in an instant. â
The old radish head was frightened by the boss's stern tone, and hurriedly said, "Boss." The tiger is not in the mountains, and the monkey is also the king. I'm working overtime to give birth, and I really don't know what's going on. But I promise, by no means our problem. â
At this moment, Shen Jiannan was dumbfounded.
It's not Britain, it's not Turkey, so how can the lira collapse.
The Turkish central bank's normal interest rate cut will not cause such a result at all.
I didn't speak, and I didn't sell the lira!
Bang â
The door to the conference room was slammed open from the outside.
William's new secretary, Leigh, hurried in from the outside with a thick stack of newspapers.
"Boss. Today's newspaper. â
European Economic News
According to this newspaper, on the morning of November 5, the CEO of First International Capital was found to have appeared at Ankara's Esenboa Airport, accompanied by a number of executives of First Capital.
Analysts believe that Capital One's trip is likely to discuss the issue of divestment from Turkey, Shen Jiannan has said in the United States that there is a serious disagreement with the board of directors on investment, and he has publicly said on Fox Radio: If the United States reforms the tax rate, he will be more optimistic about the development of the United States economy.
Yesterday, the US election ended with the Democrats winning the election, and future President William Clinton said that during his tenure, tax rates will be significantly lowered to get businesses back on track.
Analysts believe that the move could trigger First International Capital to withdraw two billion dollars from Turkey and flow into the United States.
Wall Street Journal
Democratic representative William Clinton defeated the incumbent Conservative Party and the Reform Party with 43 percent of the vote.
In his new campaign speech, William Clinton said that he would push through the tax reform bill as soon as possible to bring the economy back on track.
Affected by the news, the Dow Jones index rose by 2.3 percent, the Nasdaq index rose by 2.5 percent, and the dollar price rose by 0.8 percent, the largest one-day increase in the dollar since 1970.
International aspects.
Not long ago, Shen Jiannan, CEO of First International, said on Fox Radio that he is more optimistic about the future development of the United States, and I believe that there are many investors like him who are waiting for the government's new tax policy.
Analysts believe that the simultaneous rise in stocks and bonds has a great deal to do with this.
He also believes that the historical increase in the US dollar is a direct reflection of the US economic recovery, and it is believed that in the near future, there will be more multinational investment companies like First International Capital to inject new vitality into the US economy.
......
After reading the newspapers that came from all over the world, a hemp batch was blocked in his chest, and Shen Jiannan almost got up in one breath.
When did Lao Tzu withdraw from Turkey?
Nima!
Shen Jiannan suddenly felt what a slut tasted like.
And deeply realized that he forcibly pulled Morgan to himself as a shield, what was the feeling in the heart of old Morgan.
It's like, being doggy, but you still have to pretend to be smiling.
And you have to force a smile to admit that it's all true.
I really like dogs.
This old guy is really not a thing.
Laid out.
To be able to mobilize the European Economic News, and to be able to mobilize the Wall Street Journal, it is simply impossible for anyone other than Morgan to have this kind of influence.
On the contrary, these things must be admitted by myself now.
Wait, old fellow.
Lao Tzu doesn't let your granddaughter cry every day, Lao Tzu has your surname.
Shen Jiannan gritted his teeth and swore fiercely, remembering that Avril still had a few sisters and cousins and cousins.
We'll see!
meanwhile
Morgan Estate, USA.
Hunter Morgan Jr. put down the newspaper in his hand, and a smug smile flashed in his dim eyes.
Last time, he was put on a show by Shen Jiannan on Fox TV, and he had to get the senior management of General Motors and other departments to admit that he had been in contact with Shen Jiannan and said those non-existent words.
That feeling, really not too bad.
It's like, knowing that it's a lump of stool, but you can only swallow it, and you have to praise it for being really fragrant.
Since the glory of the Morgan family, it has also compromised with Rockefeller and DuPont on KONE cars.
"I guess that guy must be looking constipated right now. â
"Naturally, the lord can't be wrong. But I think Young Master Shen will understand. â
"Haha. He doesn't understand, but he has to understand, I really want to see what his expression is when asked by reporters. â
"Oh. I think I must be smiling brightly, but I scolded my mother in my heart. â
"Haha......"
What is Destiny?
It has been said that God said that there was light, and therefore there was light.
From the moment man was born, God decided the fate of these servants.
A person's birth, old age, sickness and death, joy, anger and sorrow have long been arranged by God clearly.
Yes, for the Chinese.
You don't work.
You're bound to go hungry.
If you lie down and sleep, you will never have any food.
Although, maybe you try hard, you won't get anything.
But if you lie down and sleep and do nothing, you will definitely not gain anything.
Therefore, life is always decided by people.
And the character of man, the behavior of man, the purpose of man.
It also determines people's choices.
Ankara, International Hotel Building.
A group of reporters who arrived on a chartered plane from Europe blocked the entrance of the 33rd floor of the hotel.
There are reporters from the Wall Street Journal in Italy, reporters from the European Economic in Turkey, and reporters from The Sun and The Times who have come from England.
Facing the camera, Shen Jiannan felt like he had been doggy, but he had to maintain enough politeness and smile.
"Mr. Shen. I'm Kevin, a reporter from The Times, and some analysts think that you are going to withdraw the two billion dollars invested here from Turkey, I don't know if it's true?"
"Yes. As I said not so long ago, I am more optimistic about the economic development of the United States, especially the emerging industries. â
"So have you convinced the board to support your decision? â
"Of course. Turkey's economy is mainly dependent on trade ports, Istanbul contributes a great wealth to Turkey's GDP, but the European economy is in a downward phase, demand is seriously sluggish, and many people in the North African market have no time to worry about because of the war. As far as I know, because Turkey recently seized the ship of a wealthy Chinese businessman, the Chinese side may use this as a bargaining chip to give up trade channels with Turkey. â
"Mr. Shen, do you mean that it is not good to look at Turkey's future economic development?"
"So to speak. I believe that there are serious hidden dangers in the Turkish economy, so I intend to warn Turkey of the danger of currency depreciation. If left untreated, it could be even more troublesome than the currency crisis that Europe is currently experiencing. â
â......â
Six o'clock in the afternoon.
Central Bank of Istanbul.
Engel Altan Kadi looked at the news that broke out in the major media, and his nose was almost crooked with anger.
Now that the Turkish economy is like a rising sun, how can there be a depreciation crisis, this is simply nonsense.
"Carlo. Tell the Press Office that I am going to hold a press conference. â
Under the arrangement of Secretary Karlo, a number of Turkish newspaper establishments, as well as international journalists, gathered at the press reception of the Central Bank.
Engel Altan Cady donned a formal suit and was illuminated by flashing lights.
"Turkey is a very fair country, we have a well-developed financial system, we have the most industrious people and a solid industrial base. â
"Those speculators with bad intentions towards Turkey want to storm the Turkish economy with despicable means, but this is impossible. â
"There is absolutely no expectation of depreciation of the Turkish lira. â
"The government has enough capacity to guarantee a safe exchange rate. â
"Turkey welcomes every business that comes to invest here and will give the most convenient support and services. â
â......â
Bang Bang Bang â
A rush of footsteps was heard suddenly, and the secretary of the Governor's Office of the Central Bank hurriedly walked from outside, causing a commotion.
He ran up to Engel Altan Qadi like a ghost and whispered in Qadi's ear: "President, we are in big trouble, just now, the market poured out six trillion lira for sale......
The lira plunged again by ten percent.
Don't bother to talk nonsense to reporters, Engel Altan Cadi hurried towards the market trading department with a blue face.
That day.
The Russian military announced that Ukraine's military exercises in the Black Sea area seriously threaten Russia's homeland security in the Sochi strip, and in order to ensure the security of land and people's property, it will join Georgia to conduct military exercises in the waters of Sochi for an unlimited time.
Analysts believe that a complete blockade in the northern part of the Black Sea will have a serious impact on Istanbul's economy.
Wall Street, New York.
Stephen Ann's face was flushed as if he were drunk, and in front of him, a graph of the Turkish lira was clearly displayed on a computer.
The raised display is very glaring under radiation.
But Stephen Ann didn't seem to be affected at all, frantically typing numbers on the keyboard.
Bell Bell Bell â
The phone on the desk rang suddenly.
Stephen Ann excitedly grabbed the phone and gave his name, and when he heard the call from the investor, he said excitedly: "Bobble." Trust me now, we're really going to get rich this time. Make a fortune. â
â......â
Stephen Ann was right.
No one would have thought that the Turkish lira would plummet by more than 40 percent in 16 hours, just like a sudden poisoning.
As a result, the position he opened has made a profit of 20 million dollars.
Wall Street, which was supposed to rest for the night, was unusually busy, with phones ringing on almost every floor, and most of them were from the foreign exchange market.
Everyone knows that the Turkish lira is finished.
Why?
There is no why.
The man who broke the Bank of England never made a mistake, and he will surely make a fortune with him.
"2467, sell, 20 billion. â
"That's right, two tens of billions. â
"2500, sell 30 billion. â
â......â
2557...... sell 200000000
......
2570 sold 66666666666
I don't know how many offices, by phone and by calculation, reported the sell order into the international foreign exchange market.
With the sale of large sums of money, the Turkish lira is like a galactic water poured from the sky and depreciates wildly.
An investment institution in the United Kingdom.
Thirty-year-old Anthony Johnson, with his hands folded, prays over a photo of Chinese Americans.
"God of investment, bless me for making a lot of money this time. â
After praying for a long time for Shen Jiannan's photo, Anthony Johnson excitedly sold 30,000 pounds of lira.
But as soon as he sold it, his heart almost exploded.
ÂŁT. Sell 666666666666 for 3000
Suddenly, the lira spot market directly threw out a super sell order of more than 600 billion yuan.
In just an instant, the lira was bombed from 2670 to 3000 points.
But that's not the end of it.
ÂŁT. sells 666666666666 for 3200
ÂŁT. Buy 1,000,000 at 3,200
ÂŁT. Sell 666666666666 for 3500
ÂŁT. Buy 2,000,000 at a price of 3,500
ÂŁT. Sell 666666666666 for 4100
ÂŁT. Sell 666666666666 for 4500
......
At this moment, all speculators around the world were dumbfounded.
After a series of trillions of selling, the Turkish lira moved up like a rocket, and in the blink of an eye, it broke through from 2700 to 5623.
It's crazy.
It's crazy.
The sheer numbers make all traders' hearts almost stop.
There is only one sentence, which keeps flashing in the bottom of my heart.
"The Devil...... Not again. â
Ankara International Hotel.
William, the initiator, trembled all over, even though these instructions were issued by his men, and he himself felt too crazy everywhere.
Not a few hundred million.
Nor tens of billions.
Although he knew that the lira was not worth much, but he sold so many lira directly, that number alone was about to explode him.
But Shen Jiannan didn't seem to have any feelings, and no one knew what his target price was.
William couldn't help but ask, "Boss." It's already 4500, do we want to retreat. â
4500ďź
Hehe......
Shen Jiannan asked with interest: "Where do you think the lira should be devalued?"
William is not stupid, how can he not see that his boss has a big goal.
He pretended to be brave and gritted his teeth and tentatively said, "Eight thousand?"
Shen Jiannan smiled without saying a word, and stretched out a finger.
This......
No way?
William's eyes widened in disbelief and said, "Ten thousand?"
Ten thousand?
"Hahaha......."