1168 Chapter 1167 Ten trillion! (Please subscribe!) (2/2)
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This kind of difficult task is actually just a lively task, and it's not exciting. Tang Qing sat in a chair, thinking about how to quickly complete the daunting achievement tasks.
Special.
Every.
Nothing is less than one trillion Asian dollars.
There are trillions at every turn.
The system really doesn't treat money as money. For example, it used to issue one trillion yuan worth of Asian dollars. Just two days ago, the Bank of Myanmar opened an account to apply for exchange.
This is the task in the last completed achievement task (2).
And now.
The issued amount of Asian dollars required by the mission reached ten trillion yuan, which is equivalent to ten trillion yuan. However, even if the entire Burmese Kyat is fully exchanged, the issued amount is only about three trillion Asian dollars.
Is it too much?
Actually not much.
This circulation is not just cash.
There are also electronic money, as well as various loans. Among them, even if it is residents’ deposits, the average deposit of more than 50 million people in Burmese is now not much, only more than 20,000 yuan.
This is more than one trillion.
In addition to corporate loans, personal loans, and cash flow, as well as the expected economic development of Myanmar, the subsequent stock market launch will increase consumer loans...Talent can be called three trillion.
This still takes a lot of effort.
Can reach the degree.
This is also the reason why Tang Qing feels that if the task (3) is not completed smoothly, the completion time of the accomplishment task (3) cannot be delayed by three, five or ten years.
Random hair.
It's strange not to be inflationary.
And Burmese simply can not bear it.
If the Burmese stock market is not launched before the end of the year.
With Tang Qing's next Asian dollar strategy, it will definitely cause a lot of inflation, which Tang Qing does not want to see. One-to-one with the renminbi is the current exchange rate that the Asian dollar must maintain.
Appreciation may even occur, but it must never depreciate.
exchange rate.
It's confidence.
Confidence in the currency cannot be collapsed. Otherwise, not to mention domestic influences, the internationalization of the Asian dollar will definitely be affected. The United States uses US dollars to kidnap the world, and the exchange rate is stable. If it rises, it rises.
Other currencies.
But there is no such treatment. Moderate inflation is conducive to economic development. However, it is not the time for moderate inflation. This has just replaced the kyat. You are worthless?
It's really bad.
Especially after the Asian yuan replaced the kyat.
Want to maintain the exchange rate.
It is a difficult task in itself, you have to know, what is the exchange rate?It is the transaction ratio recognized by everyone in overseas currency market transactions. This price is determined by the international exchange rate market.
Because it is not in the country.
The country wants to intervene.
You can only use the U.S. dollar, the universal currency in the international exchange rate market, to operate. Once the U.S. dollar reserves are not enough and you run out of ammunition and food, you can only watch others play your country's currency in your hands.
During this process.
How to escape the sniper?
In addition to the two relatively safe methods of consuming foreign exchange reserves and raising interest rates, there is actually a very simple way ---strict borrowing and shorting a currency. The main process is still focused on short selling.
The premise of short selling.
You can borrow so much money.
To sell.
That is to open up a country's financial market.
Foreign institutions can get a lot of money, but you still can’t control it. Then they take the money and go to the international market to ”sell it at a big price”. If you want to maintain the exchange rate, you have to buy it in US dollars on the international market.
otherwise.
Just watch it fall.
before.
In fact, Yayuan’s protection is quite good.
First of all.
The economy is relatively independent, and the less exchanges there are, the stronger the anti-strike ability. It is almost the same now. There is no stock market, only a little bond market. The financial derivatives market is even less visible, and international lending is also trending.
from now on.
Tang Qing is also ready to implement this policy.
Take it easy.
You must not rush.
Yayuan must be a huge ship that will never sink and stand firm in the waves. Quality is more important than quantity. He will not loosen the supervision of the financial industry in order to expand its influence and circulation.