If you ask whether the poorest country in the world, the North Soviet Union, has a financial center, a stock exchange, or a foreign exchange market, the answer is, this is really the case.

Located on Africa Avenue and next to Afra, Khartoum's second-largest supermarket, this financial centre is located.

In a compact area, there are an astonishing number of listed company agencies, accounting firms, investment companies, etc., and when you walk here, you can even see many investors in suits and leather shoes, and suddenly there is a feeling of strolling through the streets of New York.

Inside the only Khartoum stock exchange, Waleed is watching the changes in information with his companions.

In the past few days, the trading market has been full of mourning, six oil wells in the Abyeji area, oil pipelines from south to north have been destroyed, and two oil refineries have exploded, killing and injuring hundreds of people.

At present, the stock market in the northern Soviet Union is not large, and there are only a few dozen listed stock markets, and there is no doubt that the Sudan Petroleum Company, which owns two oil refineries and shares in a large oil field in the Abyej region, has suffered the greatest loss, and its stock price has plummeted to freezing point.

Everyone knows that a series of events these days have caused the oil industry in the North Soviet Union to lose more than sixty percent, and the decline is irreversible, and the market is bearish.

The securities trading of the North Soviet Union is not perfect, and it is still in a state of crossing the river by feeling the stones, but the goal is to keep up with Europe and the United States, and in the financial market, it is still a relatively loose management strategy.

Therefore, in the decline of the broader market, even the market is closed cannot curb this sell-off.

The stocks that were originally scrambling to buy are now not as valuable as a piece of straw paper.

Waleed is a trader on the stock exchange, and he has been busy these days, and his customers have urged him to sell his shares and recover his losses.

Waleed was a little helpless about this, but the overall situation was like this, looking at the big screen, it was red, as dazzling as blood.

Fortunately, there are not many customers under him, and the work is basically completed after the sell-off of Yishui, Waleed has some free time to pay attention to the changes in the market.

But it is better to pay attention to it than to watch the fire and watch the excitement from the other side.

"I've heard that Mutassi committed suicide." Waleed said to his colleague Tamir.

There was inevitably some sadness in the tone.

The earth-shattering changes of the past two days have swept the entire trading market, and Waleed alone knows that there are several people who have committed suicide.

Tamir nodded, hung up the customer's phone, plucked out his ears and eyes, and was yelled at by the customer a lot, and his ears were uncomfortable: "Yes, I heard that he drank a lot of wine at night, jumped into the Blue Nile, and when he was scooped up by the police, his body was white, alas." ”

With a long sigh, Tamir didn't know what to say.

Waleed was also speechless, silent for a long time, and said: "Have you read the news, the army of the South Sudan has marched into the Abyejan area, and issued a statement to reaffirm the ownership of the Abyeye region, looking at the analysis of news reports, the political axe may respond with arms, in a word, there may be another war." ”

"Fighting." Tamir's gaze wandered a little, these days, there has been so much bad news, but none of it is as bad as this news.

If the oil industry is damaged, it will hit the economy of the North Soviet Union, but once the war starts, it will not be an impact, but a destruction.

The economy of the northern Soviet Union, which had just prospered, was probably destroyed overnight.

was chatting, in the exchange, I don't know who shouted.

"Is there movement in the foreign exchange market?" Waleed muttered.

In recent years, the economy of the North Soviet Union has had a certain foundation, various projects have been launched, and it is even more necessary to establish a stable financial market.

Therefore, there is not only a securities market, but also a foreign exchange market and even a futures market in the North Soviet Union, but the scale is not large.

In the entire foreign exchange market, the trading volume is only hundreds of millions of dollars per day.

Moreover, the Sudanese pound is quite strong, and the inflation rate in the North Soviet Union is only about 10 percent, which is not high, and the entire foreign exchange market is not prosperous.

"There is a big sell-off of Sudanese pounds." Tamir snorted.

Without Tamir's reminder, Waleed saw it.

These days, what happens continuously, while impacting the stock market, also has a certain impact on the foreign exchange market.

Two days ago, the Khartoum Monitor newspaper published a report that Waleed also read and guessed that many people may hold the same idea, and the economy of the North Soviet Union may be in recession.

In a recession, the Sudanese pound in hand will definitely depreciate, and it is not difficult to understand that it will be sold in exchange for a stronger dollar.

But this is only the thinking of some people, and with the strong Sudanese pound, many people do not think about it at all.

Waleed didn't think about it either, thinking that the economy would be in recession, and the political axe would definitely save the market, so there was no need to worry.

And after the news broke that the South Soviet army had marched into the Abyejan area and that war might break out, Waleed did not associate the matter with the foreign exchange market.

He didn't think of it at all, and ignored it.

Now that I see the fluctuations in the foreign exchange market, I suddenly feel that things are going to be big.

Once the war breaks out, it will be another matter entirely, and the Sudanese pound in your hand may really become a pile of waste paper.

So it makes perfect sense that someone is selling Sudanese pounds.

It's just that what Waleed didn't expect was that the other party sold so quickly and in such a large amount.

"Eight million, no, fifteen million, who is this, in just two minutes, sold fifteen million." On the other side, Tamir was already pulling his hair and exclaimed.

In just two minutes, the frenzied selling of fifteen million seems to be just the beginning.

As if a competition, several accounts appeared in the market one after another, and began to frantically sell the Sudanese pound in their hands.

About ten minutes before and after, Waleed was shocked to find that these accounts had sold more than 80 million Sudanese pounds, close to 100 million.

"Crazy, all crazy."

Waleed muttered to himself.

Just as the Khartoum Monitor said, the economy of the North Soviet Union is really very much in danger, and it is anxious to keep up with the developed countries, especially the financial market, and under the premise that the economy is not yet stable, it is in a hurry to open up the market, establish a foreign exchange market, and so on.

Of course, this is nothing under the premise that the oil economy is good.

Just a few years ago, in order to prosper the foreign exchange market, integrate with international standards, and facilitate the entry of foreign capital, the Central Bank of the North Soviet Union relaxed the control of the foreign exchange market, allowing the Sudanese pound to be linked to the market and adopting a floating interest rate.

Facts have also proved that the appropriate relaxation, in line with international standards, especially the injection of Chinese capital, the development situation is really good, the Sudanese pound has been very stable to maintain at one dollar, the exchange rate of about 2.4 Sudanese pounds.

But all this has suddenly erupted with the news of the recent series of events, especially the possible outbreak of war.

Now, the frenzied sell-off of the Sudanese pound in the foreign exchange market seems to be expected.

In just ten minutes, the real-time exchange rate has changed to 2.6 Sudanese pounds per dollar.

The market does not have the funds to eat so much Sudanese pound, and the depreciation of the Sudanese pound is not surprising.

"As I said, now that the stock market has plummeted, and the news of the possible outbreak of war will definitely have an impact on the foreign exchange market, you still don't believe it, now prove it, as far as I said, quickly sell the Sudanese pound in your hands, if it's too late, it will really become waste paper."

"Yes, you should all know that ordinary people do not want to hold Sudanese pounds, they prefer to hold US dollars, euros, and now if a war breaks out, then the confidence of the people will definitely decline, and it is certain to sell Sudanese pounds."

The traders of the exchange, shouting frantically, got busy one by one, contacting their customers and reminding them to sell Sudanese pounds.

Waleed is a little unbearable, despising these guys who are fueling the troubles, but the market determines the value, the Sudanese pound is bearish, and if you hold it again, it will only lose money, and preparing in advance is the best choice.

"The true god is above, and another big family has entered the market and has begun to sell, my God, 150 million!" Tamir shouted frantically.

Looking at the transaction information that changed almost every second, Waleed was also silent, and suddenly, he seemed to have smelled the breath of disaster.

ps: The exchange rate here is written incorrectly, the original information was checked that one dollar for 2.3 Sudanese pounds, so the previous gap of 1.5 billion US dollars to borrow 3.5 billion. As a result, when I wrote it today, I checked the exchange rate casually and found that the latest exchange rate was 4.4, so I wrote it, and I only noticed this problem after writing the next chapter. Therefore, it was changed to the previous one.