Chapter 67: Selling Dollars
The grandfather and grandson talked for more than an hour, and Tang Bao said a lot, some of which were in the old man's heart, which made the old man's eyes light up. Some are not recognized......
When Tang Bao came out, it was almost dinner time, but Tang Bao excused himself from being tired from the journey and went back to the room to rest.
Lying on the slightly cold and stiff bed, Tang Bao kept thinking about something in his heart, and this conversation with the old man also made him more soberly realize that he was still a little idealistic, and those suggestions that he thought were very reasonable became his pompous and ignorant in the eyes of the old man.
Let's be honest.
Tang Bao tried his best to point out the "bright road" for the development of the country, but was ignored by the old man, he was a little depressed and helpless.
Tossing and turning all night, sleepless for a long time.
……
In response to the old man's "call", Tang Bao, who had been silent for a few days, finally took practical action and prepared to carry out industrial investment in China.
"Xiaobao, are you going to the Bank of China today, President Huang called my office yesterday."
"Well, no problem."
Hearing Tang Fei's words, Tang Bao smiled and responded. Tang Fei works at the Bank of China, and it is not surprising that Governor Huang would ask him for news. Since he promised the old man to invest in China, the old man has greeted the relevant departments and informed them that a large amount of US dollar funds will flow into the country in the near future. The state has strict controls on the inflow and outflow of capital, and it is not easy for the old man to transfer a huge amount of dollar funds into the country if he does not say hello. Governor Huang's Bank of China, which is a banking institution specializing in foreign exchange trading, was naturally informed.
Tang Bao's deeds, President Huang has also heard of it.
He heard that Tang Bao would remit a sum of US dollars into the country, which was naturally a surprise, but he waited left and right, and he never saw any movement, so he couldn't do it in a hurry, so he could only find Tang Fei to inquire about the news.
"Okay, then I'll take you over in the afternoon, the Bank of China just moved to a new place last year, and it's not easy for you to find it." Tang Fei said with a smile.
"Trouble big brother."
"What's the trouble, I'm going to work there, drop by." Tang Fei said with a smile.
In the afternoon of the same day.
Tang Bao and Tang Fei came to the headquarters of the Bank of China together, and as soon as they arrived at the door, President Huang, who had received the news in advance, had already greeted him with a smile. The country is staring at foreign exchange, and the Bank of China, which is in charge of Governor Huang, is the country's professional foreign exchange bank, and the pressure to earn foreign exchange is very great. Tang Bao brought a large amount of US dollar funds, but it is a real foreign exchange, and when the exchange is completed, it will become a foreign exchange asset. With this foreign exchange, Governor Huang's life will be much better.
President Huang led Tang Bao and Tang Fei into his office, and after greeting each other, President Huang quickly and warmly beckoned Tang Bao and Tang Fei to sit down on the sofa, made two cups of tea with his own hands and sent them over, and then sat opposite the two.
Tang Fei secretly sighed at President Huang's enthusiasm, he was just the deputy director of a credit department in the branch, a section-level cadre. Usually, President Huang saw that he was very polite, and it was also for the sake of the Tang family, but he didn't have this enthusiasm, let alone make tea for him personally. He understood that it was his cousin, Tang Bao, who could make President Huang behave like this.
Tang Bao wanted to sell dollars to buy RMB, and President Huang had already been greeted, but he didn't know how many dollars Tang Bao would sell.
"Bao Shao, I wonder how many dollars you plan to sell? Selling more will also give you a certain exchange rate concession. Governor Huang asked expectantly.
"Don't, Governor Huang, don't call me that, just call me by my name, Xiao Tang is fine." Seeing that Huang Xingchang, who was already in his fifties, took a bite of "Bao Shao", Tang Bao felt very awkward. However, Governor Huang's desire for dollar foreign exchange is understandable.
"Okay, then I'll be cheeky and shout at Xiao Tang." Governor Huang was not hypocritical and said with a smile.
"Okay."
Tang Bao replied with a smile.
If he wants to invest in China, he must remit US dollars to domestic banks, and then sell US dollars to the Bank of China to buy renminbi in order to invest smoothly.
Governor Huang turned his gaze to Tang Bao, revealing expectation, meaning to wait for Tang Bao's answer. Tang Bao took a sip of tea, sat up slightly, and said to Governor Huang: "I have made a little money abroad, and the old man at home has spoken, so it is natural to support the construction of the country." This time, I plan to remit a billion dollars of domestic funds and transfer them through Swiss banks, Governor Huang, there is no problem on your side, right? ”
"What? How much? Xiao Tang, how much money do you say you want to remit into China? Governor Huang asked again, not that he didn't hear it, but the numbers Tang Bao said were really shocking, and he was a little unsure if he heard it truthfully. And Tang Fei, who was sitting next to him, was already dumbfounded.
"A billion dollars! You heard it right. Tang Bao nodded with a smile, he could understand Governor Huang's feelings, at this time, one billion dollars of foreign exchange, it is no exaggeration to say, it is enough to catch up with the country's foreign exchange accumulation for several years. It's normal for Governor Huang to be so excited.
"Swiss bank transfer, no problem, right?"
"No, no...... Oh, Xiao Tang, your foreign exchange can solve the country's urgent needs. is worthy of Donald's grandson. Governor Huang excitedly shook Tang Bao's hand, excitedly not knowing what to say. It's like a child who is eager to get candy grabs a piece of candy and dances with joy.
After being happy for a while, President Huang's mood calmed down a little.
"Xiao Tang, that's the case, selling a large amount of US dollar foreign exchange to our bank has a certain preferential exchange rate. There is a 1% discount for a million dollars, a 2% discount for a $5 million dollar, and a 3% discount for more than 10 million dollars. It is prescribed that I can do it completely with the Lord. If you sell a billion dollars at once, and when I report it to the Ministry of Finance, I should give a greater margin of exchange rate concession, but we need to wait. "Governor Huang is also real, to tell the truth, and took the initiative to help Tang Bao strive for a greater preferential exchange rate.
As a professional in foreign exchange management, Governor Huang knows that the foreign exchange reserves of the entire country have only reached $3 billion this year, and Tang Bao alone sold them one billion dollars, which is equivalent to the country's foreign exchange assets soaring by more than 30 percent.
Tang Bao waved his hand and said with a smile: "There is no need to apply for a bigger discount, just give a preferential price according to your highest authority." "He has more opportunities to earn dollars, and he can't afford to worry about such small profits. What's more, if he gets a better discounted price, he may leave a pretext for others.
It is more reliable and reassuring to do things according to the rules and regulations.
"Ah...... Xiao Tang, you really understand the righteousness and have a high consciousness. Tang Bao took the initiative to refuse to apply for a higher preferential price, and President Huang couldn't help but praise.
"At present, the exchange rate of RMB against the US dollar is 3.7221 to 1 US dollar, and the exchange rate is 3.833763 yuan to 1 US dollar......
Listening to Governor Huang muttering and calculating alone, with a series of decimal places behind him, Tang Bao couldn't help but be dizzy, and said with a smile: "Governor Huang, you don't need to calculate so many decimal places, it's almost enough to keep three decimal places." ”
"That's not possible, what you exchanged is a billion dollars, even if it is a small decimal place, it is tens of millions of yuan, Lao Huang's salary in my life can't catch up with a fraction of this fraction. We are very grateful that you are willing to sell so much US dollar foreign exchange, and how can you lose money. Governor Huang shook his head and did not agree.
Scold.
Tang Bao couldn't help but look at Governor Huang in front of him, as he said, any decimal point is his salary for hundreds of years. If he agreed to follow Tang Bao's wishes, and then secretly swallowed all the money he saved, no one would find out.
"Huh, a total of 3,833,763,000 yuan can be exchanged, Xiao Tang, you can also count it and see if there is any discrepancy. I did the math myself five times......"
"Hehe, no. I believe in Governor Huang! Tang Bao laughed.
"That's fine. Which bank do you want to send the money to, and when the US dollar funds arrive, our bank can also transfer the money at any time. Governor Huang asked.
"I'll leave it to your bank. Please also ask Governor Huang to open an account for me! "He hadn't had an account with any bank before, and he didn't care which bank he chose. President Huang's performance also made Tang Bao very appreciative, and simply put the money in their bank.
"Ah, that's great. Don Jr., thank you for your trust in our bank. Governor Huang thanked.
"The ugly words are in front of me, my money is taken out for investment, and it may be called at any time, and I don't want to be unable to transfer the money at that time." Tang Bao said solemnly, there are still a lot of such things in China, and your money is in the bank, but you can't use it freely.
"No, it won't...... Rest assured. ”
The matter is over.
Governor Huang asked Tang Bao to wait, and he went to prepare a contract for foreign exchange trading, it turned out that this kind of huge transaction was to ask the state, but Governor Huang was also willful and made the decision directly. He has the confidence to buy this huge dollar foreign exchange, and he has not time to reward him with the national reward, how can he blame him.
The contract is signed.
Tang Bao transferred $1 billion directly over the phone to the Bank of China. At the same time, Tang Bao's account with the Bank of China also received RMB funds of the same value.
The thing is done.
Tang Bao also got up to say goodbye.
Governor Huang didn't agree to anything, and just dragged Tang Bao to the restaurant for a big meal.