Chapter 787 (1/2)
Many of the participants were concerned about business and urged the agenda to start quickly. After all, it is precious for everyone to come to the venue for discussion under the current background of panic and different plans.
The focus of the agenda is that it is time for the Xiangjiang Banking Association to take action. There is no objection, but how to raise interest rates to reflect the banking industry's support for the Hong Kong dollar?
The result of the current discussion is that raising the interest rate of savings deposits, but the relevant range has different interest considerations. One per cent seems to be painless and meaningless, and two per cent seems to be higher. Banks have concerns, or try a compromise of 1.5 per cent... In short, they are afraid of wolves and tigers for a while.
It was Sir Gao's turn to represent the chairman of Xiangjiang Banking Association, Yili bank, Gaoyi bank, Xiangji bank and other members of Gaoyi's first line of banks. When he officially stated his position, the atmosphere began to fill with the smell of fire and medicine.
Because Sir Gao rarely spoke sharply, ”I think the increase in the interest rate of savings deposits actually reflects how much confidence banks with Hong Kong dollar deposit business have in the Hong Kong dollar. If even banks lose confidence in the Hong Kong dollar, do they still expect businesses and people to accept and use the Hong Kong dollar?”
”In this case, people prefer to raise interest rates by 1.5%, which is really just the minimum statement.”
”However, I don't think this measure will achieve any practical results after it is launched, because in the crisis of the collapse of the Hong Kong dollar, the financial secretary, on behalf of the Zhengfu, makes a decision and announces the increase of interest rates, which can have real credibility.”
Speaking of this, sir Gao became excited, slammed the table and raised his voice. ”I always don't understand that the situation of the Hong Kong dollar has collapsed to such an alarming extent. Why hasn't the financial secretary taken any measures to stabilize the Hong Kong dollar?”
”Work in his position! At present, signs of rejection of the Hong Kong dollar in commercial places have begun to appear. Has the financial secretary forgotten that the Hong Kong dollar is the legal tender of Xiangjiang? The exchange rate of the Hong Kong dollar against the US dollar has fallen below 8. Why does the financial secretary refuse to consider a new monetary policy to adapt to the new international financial situation?”
In the end, sir Gao's eyes fell squarely on the face of Financial Secretary Chris Pang, which clearly means, will you work?
The financial secretary, Peng Lizhi, who had been prepared for a long time, controlled his emotions, glanced at Shen Bi, Huifeng's senior class, motioned for him to speak quickly and crack down on Gao Xian's arrogance.
Unexpectedly, Shen Bi looked down and looked at the document with interest.
The financial secretary Peng Lizhi is even more angry. You are an old slick and can't count on others. What about yourself! Mystifying and as like as two peas, he replied with a strange and eccentric attitude: ”the accusation of high jazz to the government is just the same as that in China.”
Sir Gao sneered, ”don't buckle your big hat. You're not afraid of the shadow. Now we're talking about whether the financial secretary has done his duty and whether we can avoid losing everyone's underwear?”
Looking around the conference room, financial secretary Peng Lizhi found that the Zhengzhi card was really useless. Everyone here had never seen the world. How could he be fooled by the big hat? Now sir Gao's firing just reflects the voice of the overwhelming majority of people. Tell me, what is the government's plan? Is it really necessary to completely turn Xiangjiang prosperity into a bargaining chip threatening negotiations regardless of everyone's life and death?
Facing the eyes of the public, financial secretary Peng Lizhi lowered his eyes. Big radish's face was not red or white and explained: ”Xiangjiang's economic achievements benefited from the long-term non intervention policy pursued by the government, and the financial secretary was also following this successful experience.”