Chapter 1171 (2/2)

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This kind of difficult task, in fact, is not exciting. Tang Qing is sitting on the chair, thinking about how to quickly complete the tasks that make people feel great.

Special.

Every one.

None is less than one trillion Asian dollars.

It's trillions at a time.

The system really doesn't treat money as money. For example, it was to issue 1 billion yuan worth of Asian dollars. Just two days ago, when the Bank of Myanmar opened an account to apply for exchange, it was completed.

This is the last completed achievement task (2).

And now.

The amount of issuance of the Asian dollar required by the task has reached 100 billion yuan, which is equivalent to 100 billion yuan. However, up to now, even if the whole Myanmar dollar is fully converted, the amount of issuance is only about 3 trillion yuan.

More?

In fact, not much.

This issue is not just cash.

There are also e-money and various kinds of loans, among which, even the deposits of residents, the average deposits of more than 50 million people in Myanmar, are not much now, just more than 20000 yuan.

That's more than a trillion.

In addition to corporate loans, personal loans, and cash flow, as well as the estimated economic development of Myanmar, the next stock market will start, and consumer loans will increase... To reach three trillion yuan.

It still takes a lot of effort.

To the extent that it can be achieved.

That's why Tang Qing thinks that if it doesn't go well, the completion time of achievement task (3) can't be delayed for three, five or ten years. Money really can't be distributed as much as he wants.

Random hair.

No inflation.

Burmese can't stand it at all.

If we don't start Myanmar stock market before the end of the year.

With Tang Qing's next Asian yuan strategy, it will definitely cause a lot of inflation. This is what Tang Qing does not want to see. Compared with RMB, it is the exchange rate that the Asian yuan must maintain at present.

There may even be appreciation, but never devaluation.

Exchange rate.

It's faith.

The confidence of the currency cannot be broken, otherwise, the domestic influence will not say that the internationalization of the Asian dollar will be affected. The United States kidnaps the world with the US dollar, and the exchange rate is stable and appropriate. When it rises, it will rise. When it wants to fall, it will fall.

Other currencies.

There is no such treatment. Moderate inflation is conducive to economic development. However, now is not the time for moderate inflation. This is just replacing kyat, so you are not worth money?

It's just a little bad.

Especially after the Asian dollar replaced the Burmese dollar.

Want to maintain the exchange rate.

It's hard to know what exchange rate is? It is the recognized transaction proportion in overseas currency market transactions. This price is determined by the international exchange rate market.

Because it is not in China.

The country wants to intervene.

Only use the common currency of the international exchange rate market, the U.S. dollar, to operate. Once the U.S. dollar reserves are not enough and the supplies are exhausted, you can only watch others play with your currency in the palm of the stock.

In the process.

How to escape sniper attack?

In addition to consuming foreign exchange reserves and raising interest rates, there is actually a very simple way - to strictly control lending and short 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. You can't control it. Then they take the money to the international market to ”sell at a reduced price”. If you want to maintain the exchange rate, you have to buy it back in dollars in the international market.

Otherwise.

Just watch it fall.

Before.

In fact, the protection of Yayuan is quite good.

First of all.

The economy is relatively independent, the less exchanges there are, and the stronger the ability to resist attacks. Now it's almost the same. There is no stock market, only a little bond market, the financial derivatives market is not affected, and international lending is in a trend of following suit.

In the future.

Tang Qing is also ready to implement this policy.

Take your time.

Never rush.

Yayuan must be a ship that will never sink and never move in the waves. Quality is more important than quantity. It will not open up the supervision of the financial industry in order to expand its influence and circulation.