Chapter 57: The Exchange Rate of Vomiting Blood

"What's the latest exchange rate?"

The Central Bank of the Northern Soviet Union, President O'Hard, could not calm down.

In the foreign exchange market, someone is frantically selling the Sudanese pound, and he already knows about it.

"One dollar is worth 3.7 Sudanese pounds, and it continues to rise."

O'Hard's heart chuckled, looking at the transaction data on the screen, and his mood was extremely nervous.

The first few big sellers sold a total of 560 million Sudanese pounds.

And with so much money, the time before and after is only two hours.

This is only the funds sold by a few large investors, and there are many retail investors and small investors who have followed the trend and have also begun to sell, otherwise, the exchange rate would not have changed so quickly.

"The Governor, the Director General of the Monetary Authority Tariq, and the Director General of the Foreign Exchange Authority Zubeidi have all arrived." An employee reported.

O'Hard's expression didn't improve, and now it's hard for anyone to come.

The change in the market, Ohard has already smelled an unusual smell, it may have been deliberate, otherwise, suddenly, how could it be so coincidental that large investors began to sell Sudanese pounds at the same time.

But O'Harder couldn't be 100% sure, the bad news came one after another, the stock market was mourning, and many investors lost their pants. These Ohad all knew that, coupled with the news of the South Sudanese invasion of the Abyej region just reported, it was also expected that someone would sell Sudanese pounds.

In the past few days, the central bank has begun to discuss ways to deal with it.

At this moment, one person suddenly cheered.

"It's stopped, those big guys have stopped selling."

O'Hard hurriedly rushed to the computer, took a quick look, and found that this was really the case.

In an instant, the question arises, whether this is a temporary silence or has it been sold off.

Nowadays, the fluctuations in the foreign exchange market have not yet been fully spread, and only a small number of people are selling off the trend.

"Monitor at all times, and report to me any changes that arise. Tell Tariq to go to the conference room. O'Hard breathed a sigh of relief for the time being, according to this posture, if he really kept selling, it would be irreparable.

In the conference room, the atmosphere was even more tense.

Tariq is a strict middle-aged man, almost fifty years old, his hair is already a little gone, and his eyes always shine with wisdom, but at the moment he is a little out of shape.

"We want to save the market, intervene, and we must not let them sell like this again."

Zubeidi also nodded and agreed: "That's right, the situation is still under control now, if we really wait for the news to spread and trigger a large-scale sell-off by the people, then we just want to save it, and we can't save it." ”

Most of the remaining officials in the column also have the same attitude.

The stock market is already bad enough, it has caused such a big impact on the economy, and the current foreign exchange market is also so volatile, if the market is not rescued, the general trend will go, and the economy of the North Soviet Union will be ruined.

"No!"

As the group was arguing, O'hard opened his mouth and spoke in a firm tone.

"Getting involved in the bailout now is inconsistent with our previous economic policies, and the economic policies of the political axe cannot be changed overnight, which will cause irreparable bad impacts. Moreover, we are in line with international standards, and those international capitalists are watching us, and whether the financial market we have painstakingly built can withstand the test, and whether the political axe has a good means of management and operation, this is the most important thing. ”

Ohard said loudly.

Since we want to go out and be in line with international standards, we must let the international capitalists see the strength of the political axe of the North Soviet Union, and if there is a slight fluctuation, the political axe will intervene, which is a manifestation of the immaturity of the market.

Failure is not important, credibility, persuasiveness, and permanent credibility are fundamental.

The people were silent.

Tariq frowned, also feeling that he was too out of shape, perhaps because the stock market was in a total downturn, affecting his judgment.

Now that the problem has not been fully exposed, they rashly intervene in the rescue of the market, what will foreign political axes think of them, they will say that they are a military and political axe that reads talents, in that case, they will never want to go out and be in line with international standards.

"So what do we do now?" There was silence in the conference room, and everyone looked at each other and asked in unison.

O'Hard's fingers were crossed, clenched hard, and his expression was extremely grim.

"Wait!"

……

In the private room of the hotel, Traust put down the phone, stretched out, and rattled loudly.

"Alas, I really miss my old days in the financial city, but now I'm really old, and I feel that my body can't support it for so long."

Traust's emotion drew good-natured laughter from the crowd in the room.

Clapping his hands, Traust asked, "Stephen, how much was sold?" ”

"Five hundred and sixty million." Stephen pushed his notebook away and said with a smile.

Today is just an appetizer, which is equivalent to putting the news out, and tomorrow, when the news spreads completely, no matter how large a large amount of money enters the market to sell, it will cause panic and lead to a chain reaction.

"Let's go, I have a treat today, and I just found a Western restaurant, and it tastes pretty good." Traust nodded in satisfaction.

……

This night, there are destined to be a lot of people who can't sleep well, no one knows whether the big sellers are intentional or what, the news has come, the next day, the local financial newspaper, the front page headlines, must be the news of the big fluctuations in the foreign exchange market.

The news of the political axe of the South Sudan marching into Abyeji has caused a lot of panic, and war seems to be really within reach.

"Damn, I thought the headlines on the front page today would be the news of the forex market." Inside the exchange, Tamir flipped through the latest newspapers and was a little disappointed.

Waleed, next to him, looked at the news that took up the large page.

"Mr. Li Baodong, the representative of the Chinese government for African affairs, paid a low-key visit to Juba, the capital of the South Sudan and met cordially with the President of the South Sudan country, Omar al-Bashir......"

After a quick reading of the report, Waleed's brows furrowed, and he said, "Tamir, I think this news is even worse. At present, the top level of the political axe must be looking forward to China's assistance, especially in this dispute in the Abyeja area, and China's attitude is very important. Now that China has suddenly come into contact with South Sudan and sent high-ranking officials to visit, what does this mean, and shows that China may support South Sudan this time. ”

"No, it won't." Tamir, of course, knew the importance of the Chinese attitude.

The oil industry in the North Soviet Union was basically established with the assistance of China, and now that the refinery has been bombed, the interests of China have also been damaged, and the North Soviet Union has been abandoned and turned to support the South Soviet Union.

The South Soviet Union has oil reserves, but no oil refineries, and if with the support of China, the refined oil industry is established, and even a new oil transmission channel is opened, then the North Soviet Union will really be dumbfounded.

"Hey, another big family has entered the market, my God, the amount is so big." Tamir let out a low sigh of relief and tensed.

……

Central bank, O'Hade had dark circles under his eyes and bloodshot eyes, he didn't sleep well at all last night, for fear that there would be any more fluctuations in the foreign exchange market.

After waiting all night, the big sellers didn't show up, so much so that Ohard thought the crisis was over.

But now, these big players who have entered the market have made Ohard almost bite his steel teeth.

"How many big players are selling, how much are they selling now, and what about the exchange rate." O'Hard asked urgently.

"There are a total of 23 big players selling, they are the main force in the market, and now they have sold 970 million, and the exchange rate is 6.3 Sudanese pounds per dollar."

More than 20 large households, 970 million!

O'Hard's eyes were so dark that he almost vomited a mouthful of blood.

And countless people who are keeping an eye on the foreign exchange market are also crazy.

In the exchange, everyone is frantically making phone calls, the phone ringing is not interrupted at all, everyone is informing their customers, or receiving calls from customers.

So the content of the conversation was put together, in one sentence, to sell the Sudanese pound. If you don't throw it away, the money in your hand will become papyrus.

ps: The exchange rate in the previous chapter has been changed, from 4.4 to 2.4, it was my mistake, the exchange rate on the data is not the same as the latest exchange rate, I made a mistake, so it is still based on the original exchange rate. Also, let's just talk about the change in the exchange rate, don't delve into the real surname, I can't figure it out.

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