707 Chapter 706 Treasure Hunting Project (Subscribe!) (1/2)

Subsequently.

At the order of Tang Qing.

The various gold and silver mines controlled by the soldiers immediately became busy.

Accelerated mining and reserves of gold in mining areas.The silver mine has also launched a crazy mining mode, not to mention that the soldiers have a lot of inventory during this period.

Among them, there are 49 large and small silver mines, with high reserves and low reserves. The difference between the highest and the lowest is more than ten times. Many of them are poor mines, but the purpose of this mining is not to make money, but to obtain real gold. silver.

Therefore, as long as it does not lose money, even if it loses a little bit, then this business has to be done.

The number of gold mines is much smaller, with only 17 gold mines, and the output of the gold mine in Algeria can exceed the total output of the other 16 gold mines, or even a little more.

no way.

That gold mine in Algeria is too rich.

It has completely exceeded the industry's definition of rich ore and super rich ore.

Such gold mines were only available when the African continent was colonized before. Of course, it is not ruled out that someone like Tang Qing found out but did not make it public, but made a fortune secretly.

The gold mine in Algeria goes down, and the gold content becomes higher. Tang Qing pointed to this thing and issued a large sum, and provided a steady stream of collateral for the future issuance of the Asian dollar.

At present, people in the Myanmar Special Economic Zone will basically no longer hold the Kyat because its depreciation is really a bit fierce, and it is falling every day. Although the magnitude is not large, the expected depreciation is a fact.

In this economic stimulus, the depreciation of the kyat will last at least one year, or even longer.

At the current rate of depreciation.

one year later.

I don’t know if the kyat has half of it now.

After all, that has increased the liquidity of more than one trillion yuan in the market. The domestic commodity market in Myanmar is not large, and the total base of the kyat’s currency is also low, and the impact will be greater. .

therefore.

Many people in Myanmar have the need to exchange kyats for Asian dollars, and deposit the bank to determine the loss, but the Asian dollar has not been allowed to conduct banking business in other places in Myanmar, and they do not have enough channels to exchange dollars and dollars. Other foreign currencies.

Therefore, the Asian dollar has become the first choice, and many people in Myanmar have avoided suspicion.

This has led to a surge in demand for Asian dollar banknotes.

In fact, Long Cai also discovered this situation.

But there is no way.

Because the depreciation of the kyat is true and irreversible, it is understandable for others to choose the Asian dollar. Anyway, the kyat is still the country’s first legal tender, and the Asian dollar cannot be circulated out of the Myanmar Special Economic Zone.

You can change it.

Everyone is busy with this gluttonous feast.

There is no interest in managing this behavior.

that's it.

The Asian dollar banknotes turned out to be the currency of Burmese, and slowly flowed into the Burmese people. Although they were only personal reserves and did not flow into the commodity exchange market, when the number was large enough, the kyat would be discovered.

Yayuan is like a bone-eating ant, unable to shake it until it is...Swallowed by ants.

of course.

It is impossible for Asian dollars to eat kyats just by this way of ants stealing rice.

That's a joke.

This is just a strategy to make Yayuan's reliability and stability deeply rooted in the hearts of the people.

This time the loan.

The depreciation of the kyat in the next six months will be between 25% and 30%. Then the market will begin to stabilize because the investment has already landed and the Bank of Myanmar has no reason to print money.

At that time, Burmese will definitely find a way to stabilize the value of the kyat.

However, in this six months.

The value of the Asian dollar is strong.

The kyat depreciated sharply.

What will make ordinary people think of the kyat. The most important thing about currency is confidence. Once they lose their confidence, the currency is paper. In other words, the kyat has depreciated itself in the past six months.

If there is no Asian dollar.

The kyat depreciates at will. No matter what, your people have no other choice. You can use it, and you can use it.

Just like the renminbi.

People do not have other currencies to use, and it is difficult to exchange dollars to maintain their value. They can only invest in fixed assets and other channels of value preservation.

Once there is an alternative currency with a stable currency value, then, compared to large fixed assets, it seems that replacing a small amount of deposits that cannot be bought by a house into Asian dollars is a better choice.

Lang Cai and others have also seen this situation.

The Asian Yuan is greedy for the domestic kyat.

But they did not issue a policy to prevent it.

Ha ha.

Lang Tsai was even happy to comment on such a situation, why, because in their opinion, the more Asian dollars the people exchange in this situation, the greater the loss of the Bank of Myanmar.

for example.

if.