Chapter 440 Exchange Rate

"Leaders, if nothing else, it's just that the foreign exchange I have created over the years, there is a lot, why is there only about 800 billion US dollars in foreign exchange savings?" Li Mo asked in disbelief. Pen & Fun & Pavilion www.biquge.info

Several leaders of the Bank of China were embarrassed to answer.

Not to mention the billion-dollar orders brought to China every year by the Iran-Iraq war, which saved most of the military enterprises, in addition, there is a more bullish dog Saudi Arabia, which purchased 35 Dongfeng-3 missiles from China at a price of 100 million US dollars in 87 years, at that time, China's total foreign exchange savings were only more than 200 million US dollars, and an order reached 3.5 billion US dollars.

It is estimated that most of the relevant military industry departments were in tears when they took this contract.

Li Mo also brought a lot of foreign exchange.

The three enterprises of Yili, Yile and Yibao in the magic capital are all foreign exchange enterprises, and they are bringing a lot of foreign exchange to the country almost every month, which Li Mo did not ask for, if Li Mo said, the exchange rate is too low, I have suffered a loss, and I must be exempt from taxes, and the magic capital can exempt all the taxes of these three enterprises together.

In addition to the cost of purchasing instruments from abroad, seventy or eighty percent of the funds invested by Li Mo in research and development have returned to China...... As well as Lao Shao and Bill Gates, no matter what role Li Mo plays in the middle, these foreign exchange really fall into the pockets of the country.

The funds of Li Mo's public welfare were also turned into foreign exchange and put on the books of the Bank of China. Li Mo still used foreign exchange for the cost of construction in Xiangjiang, because the workers were hired from China, and most of the materials were purchased from China, and eighty percent of the foreign exchange was also returned to the Bank of China.

There are many more sources of foreign exchange in addition to these, and the problem is that they are all spent.

For example, last year, China's exports including Li Mo's companies were only 50 billions, not to mention any low value-added goods, and the key import amount reached nearly 60 billion, including the export amount of Li Mo's companies, there was still a deficit of several billion dollars.

Foreign investment has also brought a lot of foreign exchange, but many students have taken a lot of foreign exchange with them when they go abroad to study.

This year is a little better, trade has gradually turned into a surplus, otherwise it will be even worse like last year, the country's total foreign exchange is only more than 600 million US dollars, and the loan to Xiangjiang is more, Li Mo wants to borrow money, and the Bank of China has taken out almost all the foreign exchange together, and only made up 4 billion US dollars.

Of course, this money can be borrowed, and after changing hands for a month, it will get 280 million foreign exchange. Besides, Li Mo put so much foreign exchange in the Bank of China last year, and almost no interest was asked. If you can borrow it, you must be able to borrow it.

The reason for this situation is that Li Mo earned more and spent more, and Li Mo got a lot of foreign exchange for the country, but most of it was used.

What can a few leaders say?

They don't want to earn more and use more, so don't they buy what they should buy? Therefore, what comes to mind is that if it were not for the foreign exchange brought by Li Mo, plus the money lent to Xiangjiang, the current situation would not be a penny of foreign exchange in the hands of most countries.

Some people above were very dissatisfied with Li Mo's tearing down of the Berlin Wall, after all, East Germany and China have always had very good relations, and they are about to be reunified.

Li Mo roared happily on both sides of the Berlin Wall, but the relevant departments above were at a loss for what to do.

But what can you do with Li Mo?

Not to mention anything else, even this foreign exchange, you can't force Li Mo too much, once Li Mo is really forced to emigrate, then it will be called losing his wife and breaking his army.

In fact, what Li Mo didn't know was that the chief designer was going to visit the magic capital last year, and Li Mo's stall was not small, and it was worth coming to the old man to take a look. But because of Li Mo's push, he didn't come, and then sat at home and sighed, a hairy child is a hairy child, no matter how smart he is, he is not reliable. It's no wonder that when I was in middle school, I didn't do well in politics classes.

"How come it's only four and a half billion dollars?"

Hao Like negotiated with the Bank of China, the interest rate is easy to say, and the Bank of China does not have a lion to open his mouth, as long as the monthly interest rate of 2%, although the interest rate is as high as 12% in half a year, but Li Mo's loan is used for venture capital, and the interest will not be low if it is changed to any bank.

However in the amount of loans entangled.

Hao Like represented Li Mo, and mortgaged all the stocks and shares in Li Mo's hands to the Bank of China together with a piece of land in Xiangjiang, and borrowed $6 billion. If you think that any piece of land in Xiangjiang is worth money, this mortgage is more than enough, and if you think that which piece of land is not valuable, this mortgage amount is slightly higher.

But this is actually not important, with Li Mo's previous practice, can he still lose so much money together, not his money, but other people's funds, which stocks, so how much money does Li Mo have to lose?

And with a change of hands, the Bank of China can get more than $700 million just by eating interest, and how many tanks and artillery have to be sold to Iran and Iraq in exchange for more than $700 million in exchange for a few years ago?

However, the BOC's leaders said no, at most only $4.5 billion.

Hao Like was soft and hard, and he rubbed it for several days, but this was still the result, which made Hao Like angry, and said in Chinese: "You corpse vegetarian guys." ”

One of the leaders was also angry: "You foreigner, who are you scolding!"

Hao Like slapped the table on the spot: "I am a foreigner, I have a Chinese heart more than you, I think you are a foreigner, and the family is a foreigner." Do you know what my boss does with the money he earns from loans? Orphanages! Build roads! Build schools! Research and develop technology! Build the Xiangjiang Development Zone! Why is it so difficult to get loans? Do you use these foreign exchange for the children of you officials and rich people to study abroad? No wonder the Chinese outside say that you leaders are all corrupt elements!

It's not that he has a Chinese heart, to be precise, Li Mo is a towering tree, he is a parasitic vine attached to this big tree, the big tree is honored, and the big tree is withered, Li Mo loves China, he loves China, Li Mo doesn't love China, he will not love China even more.

But the scolding is too ugly.

A group of leaders were so angry that if he wasn't a foreigner, it is estimated that he would be able to call the police on the spot and send Hao Like to the police station for two days.

I can't communicate with Hao Like, this group of leaders came directly to the magic capital, and some of them are not very good to say to Hao Like.

A leader said: "Xiao Li, it's not because of you, you took the funds away and invested, Xiangjiang lacks funds, and we have to lend them a loan, don't the five million compatriots care?"

After the Chinese New Year, Li Mo will arrange manpower to sell which stocks, and the Xiangjiang stock market will rise for a while, but Li Mo can't wait for it to rise slowly.

There was no full selling, about three-quarters of the selling, all of them were stocks with poor performance, and some were even authentic garbage stocks. Because of Li Mo's shorting, some companies have not turned around and have begun to go bankrupt, and such stocks have undoubtedly become worthless. Don't look at the Hengfeng index has risen by nearly 900 points, if it weren't for Li Mo's forced businessmen and companies to sell shares to him at a discount, Li Mo might have lost money when he cashed out this time.

Because of the discount, the Hengfeng index has risen a lot, and after cashing out, it has made a little profit, but it is not too much.

The remaining quarter of the stocks have not been sold, but these stocks are okay, a few are still high-quality stocks, if you talk about profits, only these quarters of stocks have made a little money for Li Mo.

These stocks will not sell off until the end of June.

Whether Li Mo makes money or loses, no one cares, the problem is that after he cashes out, he converts it into foreign exchange and brings this huge amount of money to Japan. With so much foreign exchange lost, Xiangjiang is full of mourning. So some businessmen approached the Bank of China again, and the Bank of China took out a large amount of foreign exchange and lent them money.

Not only the loan, but also the interest rate is very low......

So Li Mo sarcastically said: "Once upon a time, there was a big family with two hundred children, and a few children were separated, and one child was coming back. This family is very poor, the entire family property is only about 3,000 yuan, but this child is relatively rich, one person has more than 700 yuan (referring to the population of Chinese mainland is more than 200 times that of Xiangjiang, last year's GDP was more than 400 billion US dollars, but because the yuan is super inflated, Li Hui said that it was only about 300 billion US dollars, while Xiangjiang reached more than 70 billion US dollars, and the per capita reached more than 40 times that of China). But because the child gambled heavily and lost a hundred yuan, the big family said, let's not eat, let's contribute a little money to support him. ”

"What will be the consequences of doing this, others will be super incomprehensible, even if he is his own child, but the child in the family is the child brought by himself, he is already very poor, and he only has a dozen yuan to share it, how can he help a child who has assets of five or six hundred yuan? The first thought is whether the patriarch of this big family is a fool. The second thought is that the patriarch of this big family treats the children of the clan like this, so when we come back, we will definitely usher in this very bad end. ”

"Xiao Li, why don't you understand the overall situation, isn't this for the smooth transition of Xiangjiang's return, speaking of which, it's not your ......" The last evil word was not said, even if it was him, it was not good to anger Li Mo too much.

And through all kinds of signs, once Li Mo is stubborn, he is not easy to provoke.

Li Mo was even more angry: "British Prime Minister Neville Chamberlain knows, right?"

Chamberlain's pre-World War II policy of appeasement became the biggest joke in the world at the time.

"The Song Dynasty knows about the purchase policy, right?"

That's a big joke, the Liao State is a little better, especially the Western Xia, if the Song Dynasty does not implement the policy of buying security, with the strong financial resources of the Song Dynasty, the Western Xia people will also be consumed to death, without the Western Xia as a harm, do not contain the main force of the Song army in the northwest, even if the Jurchens rise, it is impossible to drive the Song Dynasty to the south of the Yangtze River.

"By the way, in the late 50s and early 60s, at the cost of human lives, we assisted Korea, Menggu, Albania, Vietnam, and Africa. ”

"Xiao Li, the people of Xiangjiang are not foreigners. ”

"Okay," Li Mo interrupted him, it didn't make sense with these people at all, so it was better to get straight to the topic than to waste their saliva.

In addition to the $4.5 billion loan, Li Mo proposed to borrow an additional 7 billion yuan. There is no way, immediately the orphanage, more than 80 large laboratories, the construction of the Xiangjiang Development Zone, as well as the Yifu Company and the stall in Huang County, will continue to burn money, and will burn a lot of money.

This is no problem, one is to use it in China, and the other is to use it more for public welfare, and several leaders immediately agreed. Li Mo put forward two more conditions, the loan time is still half a year, and it must be an interest-free loan. Foreign currency is used for return, but the exchange rate for settlement must be 5.5 yuan per US dollar.

"One to five .five?" Several leaders were embarrassed, the problem of no interest was not big, and people were embarrassed to raise interest on foreign exchange, but the official exchange rate was only 1:4.7, not 1:5.5.

"I have said that this exchange rate is less, according to my thinking, at least one to seven to eight, not one to five .five. ”

Li Mo is talking about the black market exchange rate, last year the black market exchange rate was around 1 to 10, this year it has generally risen to more than 1 to 10, and there are even ultra-high exchange rates of 1 to 11 and 12. The official exchange rate has risen, but it is still less than half of the black market exchange rate. After all, China was a planned economy at that time, and commodity prices could not truly reflect the actual price of prices, so there were several foreign exchange systems, but obviously, this dual-track exchange rate system has long been broken.

"Xiao Li, the exchange rate has been lowered. ”

"Hehe, the exchange rate has been lowered, but you know in your hearts that since the failure of the price barrier, all industries have withered, and the currency has swelled rapidly, which is actually equivalent to a serious shrinkage of the purchasing power of the yuan. ”

"Xiao Li, we can't decide, we have to go back and discuss. One said.

"Okay, I really can't delay any longer, I have to borrow from a foreign bank. ”

The Bank of China did not delay any longer this time, only a few days later, several leaders came to the magic capital again, and all other parties agreed, but the exchange rate did not agree, and several people grinded with Li Mo for a while, and finally set the exchange rate at 1 to 5.2.

"Good. "Li Mo is not greedy, it has already risen by more than four cents, and he should be satisfied. Several leaders secretly looked at each other and smiled, according to various considerations, the above plan may further reduce the exchange rate at the end of the year, about 1:5.1 to 1:5.2, that is, Li Mo actually did not get a bargain.

The negotiation was done, and both sides signed.

After signing, a leader asked, "Xiao Li, how many of these stocks and shares belong to you alone?"

He didn't like to ask how much money you have, so he asked in a different way.

Although his level was already very high, looking at this astronomical number still made his heart tremble. Therefore, Li Mo moved closer to the industry, otherwise there would be more funds, which would not only attract people's attention, but also be inconvenient to enter and exit, especially in countries like the United States and Russia, if such a large amount of money enters the country to make trouble, maybe your funds will be locked up, and Russia will really "lock" Soros's money.

It turned out that his plan was not like this at all, and he did not even plan to take out a mortgage.

But for the construction of the development zone, he had to fight.

And in these seven years, only this year, he has the opportunity to make a little "quick money".

"How could it be that I'm alone. ”

"Alas, those Americans ......"

"What should I do if I want to make other people's money? Li Mo suddenly had an idea, in fact, there was still a chance, but he didn't dare to enter, but what if the front was under the banner of the Bank of China? He said: "Secretary Wu, I have a very bold guess, whether the guess is correct, it will be revealed in July or August, if it is correct, there is a great opportunity, if you listen to my advice, you are preparing dozens of smart traders, at least after half a year, the benefit of more than 50 percent, without a cap, maybe as high as 200 percent." ”

"What project?" several people immediately tensed.

"No matter what the project, you should prepare enough foreign exchange first. ”

"Can you guarantee fifty percent?"

"If you can be like other big countries, you have tens of billions, hundreds of billions of foreign exchange in your hands, I don't dare to guarantee, but up to you, how much foreign exchange can you make up in the past few months?"

Several leaders could only cough dryly.

Li Mo is a little funny, maybe it is because of all these years of hard work, so later the Bank of China desperately saved foreign exchange, and once held more than 3 trillion US dollars of foreign exchange in his hands, in fact, holding so much foreign exchange, from an investment point of view, it is obviously not cost-effective.

"When the time comes, I will arrange for someone to inform you, yes, I must inform you, and if I am wrong, I will also notify you, so that you can use foreign exchange for other purposes. ”

"Is it really 50 percent?"

"That's what I don't say, to be precise, if I'm right, it's not 50 percent, it's probably 100 percent, but you have to do what I tell you to do. ”

Several leaders left in disbelief.

The funds were in place, and Li Mo summoned the various companies and the main persons in charge of each project to the magic capital for a meeting.

Li Mo said: "Thanks to D, thanks to the central government, the exchange rate was finally lowered." ”