Chapter 230 (2/2)
This $500 billion is like a nuclear bomb. All the remaining international hot money that is struggling to resist and want to share is forcibly closed in an instant. It is not easy for them to spend tens of billions of dollars at most. How can they resist such an attack?
”Minister, the mysterious organization threw another 500 billion dollars in. We can't carry it!” The traders reported layer upon layer, and the news soon reached snart's ears.
”Another $500 billion?” Snett's back was suddenly wet. The huge economic strength shown by the other party was almost no different from their total foreign exchange reserves.
”How's it going now?” Asked snart.
”The exchange rate has dropped by 30% since yesterday. The foreign exchange we have invested has exceeded 80% of our US dollar foreign exchange. We must inject more funds immediately. If the opponent invests more money, we can't deal with it!”
In order to resist the other party's offensive, almost more than one trillion dollars have been locked up. If the other party's offensive doesn't stop, they can't withdraw their capital at all!
Moreover, if hundreds of billions of dollars are smashed in, they simply can't deal with those empty lists. It is estimated that they will be forced to close their positions before long. At that time, these one trillion dollars will lose at least more than 300 billion dollars, and the rest will continue to be firmly trapped!
”Come on, find support. We need more foreign exchange. No matter what requirements they put forward, we will promise first for the time being. The foreign exchange market can't collapse!”
If a country's foreign exchange market collapses, the country's economy will basically collapse. International transactions basically use the US dollar as the currency. If they run out of US dollars, it goes without saying what will happen next.
Before long, a large amount of funds poured into the foreign exchange account of the European kingdom again. In fact, the foreign exchange reserves of those countries were not much, but they still exceeded US $1 trillion. After all, they could not empty all their foreign exchange.
”Host, as I estimated, several huge foreign exchange funds have poured into the kingdom of Oz, totaling more than one trillion US dollars.” Xiao Yi told Fang jueyu the news.
”Ha ha, I knew that the elder brother was beaten. How can the younger brothers not come out to help the field?” Fang jueyu smiled. Now the funds he could still use had increased by more than $1 trillion.
As of this morning, the funds in Fang jueyu's hands and those in the exchange rate market are only $2 trillion. It's true, but that's only in the morning. Now it's afternoon. Under the operation of Fang's huge power, the funds in Fang jueyu's hands have been increasing!
”Then let the kingdom of Oz have a rest first. Let's change our goal first!” There is little possibility of someone to help. Yi has long analyzed it, and it has long drawn up a strategy.
You like helping each other so much, don't you? You have lent all your foreign exchange to the kingdom of Oz, so you don't have much in hand?
”Xiao Yi, which of the twelve countries has the least dollar foreign exchange?”
”Host, most of those countries are European and American countries. Now most international transactions are in US dollars and euros, so they don't need too much reserves. If they want to use money, they can open the money printer directly. Weiss should have the least reserves temporarily.”
”Wes's dollar foreign exchange is now less than 300 billion dollars, and more than 80% of the banks there are in our hands. We need to kill them, hehe...”
”Hahaha, let's start with them first!” Fang jueyu smiled darkly, ”I like unity and cooperation, don't I? Like to help each other, don't you? What we are best at is encircling the city from the countryside and breaking through the face. Let's see that I have solved all your minions one by one. Who else can you rely on! ”