In the early 80s, the exchange rate remained at about 1:1.7, but later too much money was issued, which led to the continuous depreciation of the renminbi and the forced intervention of the state in foreign exchange, and now the exchange rate has fallen to about 1:4.78.

The exchange rate under the planned economy does not make much sense, the country can rise if it wants, and the country will fall if it wants.

It is the same as international business reputation, the loss of business reputation will affect the business development of a country, and the loss of financial exchange rate credibility leads to the fact that no one wants to invest in RMB at present.

Unlike the sharp rise in the exchange rate of the yuan in recent years, the renminbi continues to depreciate, and the rich will exchange the renminbi for a stronger dollar, while the official with too little foreign exchange reserves does not provide exchange services, thus promoting the birth of a strange exchange rate black market, whether it is studying abroad or doing business, it is indispensable to deal with these black markets, the official exchange rate is about 4.78, but if you want to exchange the renminbi into dollars in the black market, it is far more than that.

When Su Mu was in Chinatown, he had heard that someone bought it from someone else at twice the price in order to exchange for dollars, which means that the official exchange rate is so much, when it was really exchanged for dollars in the black market, the original exchange rate of more than 400 yuan for 100 dollars became about 900 yuan for 100 dollars.

The government does not provide services for exchanging foreign currency, and the renminbi cannot be spent abroad, so many people can only suffer heavy bleeding and be slaughtered by these black market scalpers.

This situation has stimulated people even more, everyone knows that the dollar is valuable, which has led to a continuous outflow of high-end talents, such as doctors, such as R&D personnel, and many people who want to make quick money, do not hesitate to risk their lives to smuggle into the United States, which was full of gold in the 80s and early 90s.

However, in fact, those who smuggle to the United States often do not end very well, I don't know that no one will give them these smugglers jobs, they can only do some low-wage low-level jobs, and they don't know how much the dollar is worth, but the consumption in the United States is much higher than that in China, and if you are lucky, you can make money, but your life will not be comfortable.

The United States is not a paradise, and Su Mu, who has lived in the slum Chinatown for so long, has long been aware of this.

At this moment, there are foreign exchange dealers who come to the door to seek cooperation, and their tone is still very big, but since they can know that they have foreign exchange in their hands, and the other party rushed over soon after they got off the plane, they even know where they live, and their ability should not be underestimated.

Converting RMB from official channels means that compared to exchanging from them, the assets are a lot less, Su Mu is a businessman, without violating local laws, he naturally hopes to maximize his benefits, 100 million US dollars can only be exchanged from the official side to more than 470 million yuan, and from them, it is 550 million yuan, which is more cost-effective and fools can figure it out.

With a smile on his face, he casually asked the other party, "Even if it's 100 million dollars?"

$100 million is not a great fortune for Sumu, whose fortune is rising, and during the phone conversation with Ellison, he also discussed a partnership to buy 98 percent of the land ownership on Hawaii's sixth-largest island, which alone is nearly $150 million in expenditure.

However, for the beautiful woman in front of her, when she suddenly heard about 100 million US dollars, she immediately lost her mind, and the foreign exchange reserves of the entire country were only how much? An ordinary family has two or three thousand US dollars, which is already a very remarkable 10,000 yuan household, and the kind that can throw off their arms in a small city, has been engaged in this business for some years, and has exchanged tens of millions of dollars in foreign exchange, but I have never heard of anyone in the circle who received 100 million US dollars in foreign exchange at one time.

In 1990, there were hundreds of thousands of people who wanted to go abroad in US dollars, and there were many people who needed foreign exchange, but there were not many foreign exchanges. P Morgan Bank, if there is sincerity, it is not impossible for you to eat it all, but the offer of five points and five is absolutely insincere, this is simply humiliating me, and there is no need to talk about it again if there is no more than seven and five points. ”

In fact, Su Mu didn't know the specific market, but when he got off the plane to go through the formalities before, an airport staff member quietly asked his secretary Allen if he had brought US dollars over, and he could exchange them with him at the exchange rate of one dollar for seven yuan.

Allen's assistant told them about it as a joke, and also showed Su Mu the seven cards of unity that he had just gotten, he didn't take it to heart, but he didn't expect it to come in handy so soon, Su Mu didn't know if so many dollars could be exchanged at an exchange rate of more than one to seven, but it was always right to try, since it was an overseas account and was not regulated by this country, who would use what exchange rate.

More than 400 million US dollars, far more than expected, there is currently a renminbi, but it is difficult to find people who are willing to exchange dollars for renminbi, most of them are small exchanges.

The RMB exchange rate has been falling, and international capital does not have much interest in investing in China, the woman in front of her is a little flustered, more excited, things are out of control, she asked a digression: "Why do you want so much RMB? I know you are an American, in order to avoid supervision?"

Su Mu replied: "Investment, buying a house, you can always spend this money, that's not your business, my business is normal, it's all money from stock mortgages, and the way is absolutely clean." ”

This strange woman who did not introduce herself, suddenly felt that she was either crazy or the world was crazy, and she thought that she had come into contact with the top circle, but she was surprised to find that a young Chinese American said more than 400 million US dollars, as if she was talking about more than 40,000 yuan.

I don't believe that Su Mu wants to invest, or buy a house, for billions of dollars, what does it take so much money to invest? What house will be so expensive to buy?

In her opinion, even the Forbidden City near her door is not worth so much money, as Su Mu said, this is really none of her business, and she also knows that Su Mu really has so much money, this guy has long been famous in Huaxia, and has earned more than two billion dollars in just over five years!

Taking a deep breath, he then said to Su Mu: "Those things that are none of my business, can you give me a few minutes?" I need to call and ask my boss, you should know that such a large sum of money is difficult to raise in a short period of time, and no one can get so much money to exchange with you except us, OK?"

"Yes, you know where I live......"