Chapter 315: Massive Selling

readx; Chen De, who began to attack this command, was enthusiastic and silent for so long, isn't it because of the arrival of this tense moment today? Chen De couldn't relax in the slightest, and immediately picked up the phone, forcibly suppressed the shock in his heart, and tried to make his tone a little calmer: "Start selling the baht immediately......"

When he said this sentence on the phone, Chen De suddenly breathed a sigh of relief, and sat down on the chair all of a sudden, as if he had collapsed. Pen, fun, pavilion www. biquge。 info This is a battle that can't see the smoke of gunpowder, but Ye Tianyi knows that there will definitely be a lot of people who will lose a lot of money in this battle, but this is not what Chen De cares about.

The stock market is ever-changing, does it still have to make you money? Chen De disagreed, since you will win, it also means that you will lose. It's like where there is day, there is night.

In the office of the Governor of the Bank of Thailand, a central bank governor is sitting on his desk with red eyes.

"Bell bell bell ......"

The phone rang, and the president picked it up without hesitation, and after a while, a voice came from inside. After listening, the governor's brows furrowed: "Immediately form an alliance with Singapore, use 12 billion US dollars to absorb Thai baht, and be sure to stabilize the market and give investors confidence." ”

After a while, the governor added: "Immediately follow the strategy and tactics of Hattier in 1994 and use an executive order to strictly prohibit local banks from lending to those speculators, they are a bunch of garbage!" ”

"Yes."

"Also, remember, you must raise the interest rate sharply, from about 10% to 1o00 to 1500% overnight." As he spoke, a sneer appeared on the governor's face: "Three-pronged, let me give you a head drink." I hope you can retreat from the difficulties...... Otherwise...... Humph......"

But he knew that by this time a large net against Thailand had been unfolded, and that the disadvantages of Thailand had begun to manifest themselves, which could be alleviated by a random order to repair the surface. At this time, the Thai baht, which was worth up to $7 billion, began to sell off gradually...... However, a series of actions by the Bank of Thailand failed to play the role of stabilizing as it should be, but instead caused the public's confidence in financial institutions to decline, resulting in a run.

"Mr. Harry, please be able to give our company strength and give our company enough confidence. What is happening now is just an illusion. In several financial institutions in Thailand, the manager was talking to the middle-aged Western man in front of him with an anxious face.

"Jane, I'm so sorry for your suggestion. I have to keep my property from shrinking, so I have to withdraw my funds. But please don't worry, when your country stabilizes, I will continue to invest, I am very optimistic about you Thailand. The middle-aged man known as Harry said with a smile.

Believe you? Believing in you and I am a fool.

Jane was the manager's nickname, and she was already panicking at this point, yes. A large part of the investors are now withdrawing their funds, which is something that the manager is afraid of. At this time, she seemed to see herself unemployed, and then begging on the street.

Maybe this is an exaggeration, but it's also true, because it's not good to sit in Thailand's financial market. As the manager of a finance company, it is impossible for her not to know.

What can she do at this point? I could only watch Harry withdraw his funds from his finance company, a sum of tens of millions of dollars.

However, this happens in many places. In less than two days, countless investors withdrew nearly 15 billion baht ($577 million) from the 10 troubled finance companies. Beginning in May, the stocks of Thai banks and finance companies began to be sold off by investors, which caused the Thai stock market to fall in a series of ways, and the foreign exchange market began to come under pressure.

In the office on the top floor of the financial building, Chen Dezheng was waving his fists excitedly.

"Boss, now the Thai stock market has started to fall a bit, and their foreign exchange market is starting to come under pressure. It's time to mess with their financial markets and fish in troubled waters. Chen De waved his fist and said with confidence on his face.

is equivalent to Chen De's optimism, but Ye Tianyi was unmoved, because according to Ye Tianyi's memory, it was not until July that the financial crisis began to officially break out.

It's only May, and it's still early.

"It's early, it's early." Ye Tianyi said lightly.

At this time, in Soros's office, there is a document in front of him, which is a recent report.

It is clearly written that due to Thailand's three-pronged tricks, and then tightening the monetary system, the interest cost has increased significantly, resulting in the loss of 300 million US dollars in an instant.

300 million US dollars, this is an amount that ordinary people can't earn in a lifetime, two lifetimes, or three lifetimes, but at this time, it is lost, and it is lost in Thailand.

But Soros did not have any frustration, because he knew that Thailand's defeat was a doomed result, and no one could stop it, and the funds controlled by his army and the funds that could affect him could completely mess up Thailand. When the time comes, it is not certain who will win and who will lose.

Thinking of this, a smile appeared on the corner of Soros's mouth.

"It's only 300 million US dollars, but it can be exchanged for greater profits, so it should be chosen by you. I'll have to pick it up myself, and I'll have to get more. Soros smiled sadly.

The loss of 300 million US dollars did not stop the pace of Soros's army, nor did it stop the pace of Ye Tianyi's Tianxing Finance. The right thing to do has been done.

At this time, the Bank of Thailand is still struggling to support, and May, for the Bank of Thailand, it is not a good month, because in this month, they have been hit like never before.

The impact of so much money has simply overwhelmed the central bank. But what can be done? Now it must be supported, it must be!

"Sell, sell their stock immediately." All the investors roared in anger.

"Quick, instant, speed! One point faster, my losses can be reduced, sell quickly! "By this time, all investors' confidence in Thailand had begun to waver, and a massive sell-off ensued.

In an instant, Thailand's stock market and foreign exchange market fell again and again, to the point that no one could believe it!

"Outrageous, outrageous!" The investors looked at the numbers displayed on the screen: "26.94 baht to exchange for one dollar, my god, if I hadn't sold early, the consequences would be unimaginable!" I'm going to be bankrupt ......"

(To be continued)