Chapter 49 The Game of the Forex Market!

(I'm sorry for the author's whole family to eat bad stomach today.,That's why this chapter update is so late!The number is also small!〒_〒)

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Now that things have come to the point where the market is in a hurry, in order to stabilize the RMB exchange rate, the PBOC had to raise interest rates for the second time in two months the next day.

1993-07-11

The People's Bank of China (PBoC) announced an increase in the interest rate on one-year fixed deposits from 9.18% to 10.98%.

This blood-pumping action directly led to the return of a large amount of capital from the stock market and the private sector to the banks, and attracted a group of overseas investors to deposit a part of their US dollar foreign exchange deposits in the accounts of various banks in China for the sake of high interest returns.

Jia Lei also knew that the matter was urgent, so he contacted the people of Citibank overnight last night and mortgaged the stocks and assets in his hands to cash out, and then Jia Lei got back $1 billion, and then Zhang Wenwang got in touch with the people of Citibank mysteriously.

Jia Lei took the initiative to avoid their conversation in line with the principle that the more secrets he knew, the faster he died!

12 July 1993

Jia Lei's $1 billion has finally arrived, and after having the money, our firepower has finally come up!

Since that day, the government has brought the dollars raised from all over the country into the foreign exchange market to compete with the international financial predators.

Professor Ishinoye, as the chief trader of the action group, was extraordinary as soon as he made a move, and he led the action team to stay in front of the computer of the foreign exchange exchange and closely watch the changes in the disk.

In view of the fact that there are too many people in China who are dragging their feet, Professor Shi Ye did not choose to buy RMB to raise the exchange rate, but chose to sell US dollars to suppress the value of the other party's currency, and Jia Lei followed him and watched.

Whenever the U.S. dollar exchange rate rises, Professor Shi sells dollars in a big way to suppress the U.S. dollar exchange rate, and Wall Street people react quickly, and they begin to sell the renminbi in a vain attempt to increase the exchange rate.

"Professor Shi, you should be leisurely...... Take it easy!" Jia Lei said in horror after him, the money was spent too fast.

In Professor Shi's eyes, a small order of one or two million is just a peanut, and a large order of one or two million can be counted as a main dish.

Originally, this should be something worth celebrating, but Jia Lei wanted to die at the moment......

On July 12 alone, the central bank threw $60 million to suppress the exchange rate of the US dollar, which was Jia Lei's.

"Professor Shi, my name is Dad, I call you Grandpa, please have mercy on me...... You can't just feel sorry for the money because you didn't spend it yourself, right?

According to your method, I don't have enough money to spend, please keep me some coffin notebook!" Jia Lei hugged Professor Shiye's thigh tightly and pleaded, his distressed tears were about to fall.

"Jia Lei, don't you understand? There is no turning back when you open the bow! If we lose this time, your $1 billion will not be able to get back a cent, so you should try your best to help us win this exchange rate defense battle. If you want to keep your money, you're going to help us again?" Professor Shi Ye looked at Jia Lei and said seriously.

"What do you mean by that?" Jia Lei asked puzzled.

"I hope you will completely stand by us and use all your strength to defend against foreign enemies......!

"You, you...... Are you going to set me up again? That is to say, if I don't help you win this exchange rate protection war, won't I get this money back?" Jia Lei suddenly realized at this time, he didn't understand how he was deceived.

"That's right, if the RMB exchange rate really collapses! Even if our bank has more RMB, I'm afraid it won't be able to pay your $1 billion, right?" Professor Qi nodded and said, they just made it clear that they wanted to tie Jia Lei firmly to their broken boat.

Jia Lei was stunned......

He didn't understand how the bloody national salvation film that he said had turned into a deceitful business war film in a blink of an eye!

"Then how do you want me to help you?" Jia Lei asked in a daze, he really didn't have a clue about this kind of financial war.

"Actually, I know Jia Lei, you still know a lot of rich people outside, our $5 billion figure is not for nothing, we are sure and sure, you will definitely be able to get so much money.

If we don't force you to force you, I'm afraid you won't take this matter as your own business, right?" Professor Qi Lingyun said with a smile, this was the first time Jia Lei had laughed when he saw him, a cold-faced boss.

"Woooooooooo......oo I have no money, I really have no money!" Jia Lei shook his head trembling at his laughter and said, these highly educated people are too terrible to remember.

Sure enough, the people who can help a country are definitely ruthless characters, even if Jia Lei has the halo of the protagonist and the golden finger, he can't fight this group of old foxes.

Jia Lei saw that he couldn't fight this group of old foxes, so he decided to lie down, and he asked the other party to tell his true purpose.

"I remember that you seem to have been helping a friend in London in the first half of this year to fight a lawsuit with the wealthy family of Country M, right? The Victor family is a rich man......" Professor Shi said meaningfully, and Jia Lei immediately understood what they were thinking when he heard this.

"You don't count me, do you still want to cheat my friends? I will never be embarrassed with you......" Jia Lei quickly shook his head and said, he didn't want the little Jew to be cheated by this group of people.

"How can we fool our own people? In this case, as long as you and your friends are willing to help the country this time, then we will give you a part of the proceeds of this time?" Do you think this will do?" Zhang Wenwang came over and said.

"How much money can I have from the proceeds this time?" Jia Lei asked.

"You also know that our country is too poor to come up with too much money? After we win this time, we can give you at most about 100 million US dollars, do you think this is okay?" Zhang Wenwang asked, this number was already the greatest authority for him.

"I don't think so, you asked us to come up with $5 billion to help you do this kind of high-risk game, and in the end, you only shared $100 million with us?

Now that the deposit interest rate of RMB has reached 10.98%, even if I deposit the $5 billion in the bank, I can get at least $500 million a year, right?

Are you just going to send me away with $100 million, which is too unkind?" Jia Lei rolled his eyes and said.

In fact, due to the sharp increase in the RMB exchange rate, a lot of foreign hot money has poured into China, depositing money in the bank to eat interest.

"Jia Lei, how can you look at money in everything, as a Chinese person, you should have the consciousness of doing everything for the people, we are doing a big thing to save the country and save the people, why do you still want to make money at this juncture?" Zhang Wenwang said disapprovingly.

"I also have to eat to serve the people! You must know that my money is not for nothing, I have to pay interest on the money I borrowed from the bank, and I have to pay dividends to investors on the money I have withdrawn from the foundation.

I really didn't want to take advantage of the country when I asked you for money, you can't let me borrow your money and have to pay interest on it myself, right?" Jia Lei asked.

"Hmm...... In this case, I will discuss with the above, and after this exchange rate defense war is over, how about repaying you the money borrowed from you at the interest rate of the RMB fixed deposit?" Professor Shi thought for a while and asked.

"That's an idea!" Jia Lei thought about it and nodded.

"By the way, Jia Lei, I also want to remind you, don't just think about making money, our operation may also fail. Don't talk about interest then. Maybe we won't even be able to pay back the principal for a while, so you have to make this clear to your friends. Professor Shi said to Jia Lei.

"If you don't pay it back, are you going to pay it back?" Jia Lei asked.

"Not really! The state will not rely on your personal money anyway, at most we will pay it slowly, and if we can't do it, we can use domestic assets to pay off debts. Zhang Wenwang said.

"I know that the country is reputable, so I have never worried that you will not pay back! You can rest assured, if the country really loses this time, I will definitely not want a penny of interest. Jia Lei said very generously, Professor Shi and the others were immediately moved when they heard this.

"Jia Lei thank you so much, although there are many people who come to help the country this time! There are very few people who have contributed so much, and those overseas Chinese can contribute tens of millions of dollars to support us at most. Professor Shi grabbed Jia Lei's hand tightly and said gratefully.

"It is everyone's responsibility to protect the family and defend the country, this is what my father often taught me when he was alive! As a Chinese, of course, I must do my best to help me tide over the danger. Jia Lei said affectionately, in fact, he was complaining frantically in his heart at this time.

Although I haven't heard of this exchange rate defense war, in my memory, the RMB exchange rate will only be at most eight o'clock, right?

Judging from this exchange rate, our country will definitely win the battle to defend the RMB exchange rate this time, why don't I say something good and obedient and borrow flowers to offer Buddha!" Jia Lei snickered in his heart, so that he could get both money and a good reputation.

Jia Lei also knows that the country is too poor now, and it will definitely be impossible for him to want more money, so let's take it when he sees it.

"Jia Lei's situation is urgent now, when can you leave for London to help us borrow money?" Professor Shi asked nervously, the little money in his hand would not last a few days.

"I'll be there right away, please help me book a ticket for me to fly to London today. Jia Lei said.

"Jia Lei, I want to ask, can you help us borrow more dollars in case we need them?" Professor Shi asked.

"No, $4 billion is a lot, my friend is still in a lawsuit with his grandfather, and they haven't got the money yet, so we have to borrow the $4 billion elsewhere." Jia Lei shook his head and said.

"Since your ability is limited, it seems that we can only find a way to get more dollars from other places!" Professor Qi said with a headache.

However, it is not a way to increase bank deposits, and countries will lose a lot of money if the interest rate is too high......

.。 m.