Although it has been some time since the IMF announced an unprecedented large-scale bailout for South Korea, the domestic financial crisis continues to unfold, with major conglomerates and banks declaring bankruptcy. On this day, South Korean Finance Minister Lim Chang-yeol said that he had reached an agreement with the IMF to prevent foreign banks from making hostile takeovers of troubled Korean banks.

This news is undoubtedly a great positive for the South Korean side, and the rumor that the South Korean government has persuaded the civil service to cut by 10% has finally made Ren Ruowei determined to close all the short positions on hand.

After a large amount of buying in the market, traders immediately discovered this phenomenon, and after watching for a while, they were sure that the big shorts were closing the positions, so they followed behind to make waves, and for a time the Korean won trading that had been nailed to the limit was active again, and the bears were not to be outdone, and smashed out the spot again. In this way, between the back and forth between the two sides, the Korean won finally rose by more than 3 percentage points from the falling limit, and Ren Ruowei also successfully closed most of the positions.

However, hearing Zhong Shi say this, Ren Ruowei's heart became apprehensive again, and after peeking at Zhong Shi for a long time, he made a bitter face and said helplessly: "Zhong Sheng, since everything is peaceful now, I have nothing to complain about." In a few days, South Korea's election is just a few days away, and I read the relevant reports that each candidate has his own set of solutions to the current financial crisis, and the one claimed by Kim Dae-jung, who is the most vocal, is more effective. I estimated that South Korea's financial crisis was coming to an end, so I simply took advantage of today's sharp decline to gamble. ”

Zhong Shi looked at him with a smile. After a long time, he said: "Your judgment is not wrong, Kim Dae-jung is indeed very popular." However, I still think that the decline of the won has not yet ended, and the financial crisis has not yet passed the most dangerous time, so I advise you to book a car as soon as possible, so as not to be too busy to get it, I am looking forward to a new car. ”

Patting the door of his head, Ren Ruowei sighed helplessly, and left after a few more greetings.

Sure enough, it was the next day, December 9. The IMF announced. South Korea has less than $10 billion in foreign exchange reserves so far, and by October, it had a total of $100 billion in short-term external debt to repay. The difference in the amount between the two caused investor confidence to plummet, and the won plummeted to about 1,465 won per dollar on this day. It's just near the end of the game. There was a purchase of up to $500 million in the market. As a result, the won rose by 5 points to close at 1,460 won to $1.

It fell 8.8% for the day, which is a seemingly auspicious number. It is important to know that in Hong Kong and Taiwan, Feng Shui metaphysics is very marketable, and even numbers like 8 are also given auspicious meanings. It's just that Ren Ruowei has any other thoughts at this time, and when he saw that the won hit a new low, the income of more than 30% the day before immediately turned into bitterness.

If he closes the position one day later, then his earnings can increase by an additional $132 million, which is absolutely astronomical, and because he closed the position too early, all these possible gains will be lost.

"These bastards, they don't announce it sooner or later, but they don't announce it until after I close the position, is it because I can't play it?" Cursing countless times in his heart, Ren Ruowei walked into Zhong Shi's office dejectedly, ready to take the blame, but found that Ma Jiarui was also there.

When the two saw him come in, they just glanced at him and continued to talk about the topic just now. Ren Ruowei saw that they had no intention of avoiding it, so he sat down on the sofa by himself, pricked up his ears and listened carefully.

"10%, that's a big number, I'm afraid those who hold rupiah can't cry now, right?" Zhong Shi smiled and kept tapping his fingers on the tabletop, in a rather happy mood.

Ma Jiarui was also very excited, his two thick black eyebrows kept shaking, and he said in a rather brisk tone: "These are all thanks to the Korean won, because the IMF announced the actual level of South Korea's foreign debt today, the Korean won fell sharply, which indirectly dragged down the entire East Asian currency market." I just didn't expect that even if President Suharto appeared, the rupiah did not improve in the slightest. ”

"No!" Speaking of this, the smile on Zhong Shi's face immediately melted away without a trace, and his tone became solemn, "The problem is probably not that the market has lost confidence in the rupiah, but that the bulls are selling, and the poor liquidity cannot withstand the heavy pressure after this strong sell-off, which produces an avalanche of sharp falls." ”

"Isn't there something wrong with our position?" Ren Ruowei, who had been silent, was shocked when he heard this, and he didn't care that Ma Jiarui was solely responsible for the rupiah market, so he immediately asked in surprise.

Hearing this, Zhong Shi and Ma Jiarui glanced at each other and laughed out loud. In Ren Ruowei's puzzled expression, Ma Jiarui opened his mouth to explain: "Calm down, our Indonesian rupiah has long been sold to others, and it is true that the other party is suffering now." ”

"Really?" Hearing this, Ren Ruowei immediately relieved himself, but he quickly jumped out again, and said without complaints, "Zhong Sheng, why do you only help Lao Ma and not me?" If you had given me a little reminder yesterday, I wouldn't have lost so much money today! ”

Zhong Shi looked at him suspiciously, pointed to his nose and asked, "Didn't I help you?" If I hadn't helped you, you couldn't wait to close your position two days ago. To be honest, I didn't expect the IMF to announce the news today, and it is really speechless that South Korean companies owe so much foreign debt. ”

Hearing this, coupled with the serious expression on Zhong Shi's face and the sincerity of his words, Ren Ruowei sighed helplessly and sat down again.

"I heard that the envoys sent by the Indonesian government are lobbying all over the United States, I wonder if the road will meet our buyer?" After laughing for a while, Ren Ruowei's face straightened and he got down to business again.

"That's for sure!" Zhong Shi nodded, "The position of 2 billion US dollars is as much as 7,000 billion rupiah, and anyone who holds it in their hands now will not be able to sleep." I think both sides will use this opportunity to find out, and this is an absolute opportunity. ”

"yes!" Ma Jiarui nodded, agreeing with Zhong Shi's point of view very much, "I heard that the Indonesian side will definitely make a big fuss about their currency if they are bullish on their currency." And that person must be anxious now, thinking about how to find out what happened to the rupiah as soon as possible, so the conversation between the two sides must be Mars hitting the earth, sparks in the sky. ”

"Who the hell are you talking about?" Ren Ruowei was confused again, tilting his head and asking puzzledly.

Seeing his confused look, Zhong Shi and Ma Jiarui laughed unceremoniously again. After laughing for a few minutes, Ma Jiarui, who finally straightened up from the state of leaning forward and back, said: "Ren Sheng, guess who is the most famous in the market now?" Who can influence the performance of a country's currency in the market? ”

Ren Ruowei lowered his head and muttered for a moment, and when he raised his head again, a look of surprise appeared on his face, and when he saw Ma Jiarui nodding at him imperceptibly, the corners of his mouth twitched slightly, and he said in disbelief: "Could it be ...... Could it be him? ”

"Who else is it not him?" Zhong Shi shook his head, subconsciously touched his nose, and couldn't help laughing out loud.

……

At this time, Soros and Druckenmiller were like ants on a hot pan, both fidgeting, walking back and forth in Soros's large office.

"I didn't expect the liquidity to be so poor, we only smashed out 50 million US dollars, and the decline reached 10%, if we want to close all the positions, the loss is unimaginable." After going back and forth for a long time, Druckenmiller let out a long sigh and said hatefully.

"Don't worry, it's not the last step yet!" Compared with Druckenmiller, Soros is a little calmer, but it is only a little bit, "The most important thing now is to get more information from Muhammad and ask whether the rumors about Bank Indonesia are true or not, and what the Indonesian government plans to do." Once these questions have been clarified, it is not too late for us to make a decision. ”

Speaking of the rumors that suddenly appeared in the market, Druckenmiller frowned and asked puzzledly: "By the way, why did such a rumor suddenly appear in the market, you must know that this is the exclusive news we have gotten." How can anyone else know the Tao as well? ”

Soros shook his head slowly, he was also puzzled, but this was not the time to pursue this issue, he could only list a few possibilities: "I guess there is a problem with Bank Indonesia." Now that we have the relevant information, it is natural that others may be able to do the same. It's just that this news didn't come out early, and it didn't come out late, but it came out at this time, which was really unfavorable to us. ”

Druckenmiller touched his chin and thought for a long time before he asked suspiciously: "George, is there such a possibility that someone is deliberately working against us and making us fall into the quagmire on the rupiah and not be able to pull it out?" ”

"This ......" Soros frowned and thought for a long time, then laughed dumbly, "This can't be, right?" If you want to say that the biggest opponent, it is probably the Indonesian government that is like a pig's brain, and only they have the ability to let us plant such a big heel. However, they use the entire national economy as a bargaining chip, and the price is inevitably too great, and they look up to me as an old man. ”

"Okay, don't think about it. Pack up as soon as possible, and when you see Muhammad tomorrow, prepare the questions, and be sure to get something out of his mouth. Seeing that Druckenmiller was still bowing his head and silent, Soros simply gave an eviction order. After this night of trading, several people were exhausted and out of breath, and it would be a little inhumane to continue working.

Druckenmiller nodded, striding out of Soros's office. It's just that his brows are still deeply furrowed, and his heart is still full of doubts about this "coincidence". (To be continued......)

PS: Thank you for the book friend Wuyue for the light, ups and downs, and the demon dragon war ghost for voting for the monthly ticket support! Thank you book friends for the starless evaluation votes in the sky! Thank you so much for your support!