Rebirth of the Super Banking System

This meeting.

The results are gratifying.

One.

On the basis of the original. Myanmar will increase the loan amount in accordance with the agreement and the number of years of accession to the WTO. Although not much, it is only a dozen or two billion Asian dollars.

but.

It can be regarded as a gain.

at the same time.

It also sends out a message ---Yayuan will print money again. Countries don't think there is anything to do with this. Printing money is not terrible, as long as the purchasing power is there.

Most countries print money.

the first.

exchange rate.

If there is too much money, it is naturally worthless, and the exchange rate market is bound to fluctuate.

second.

Inflation.

The same reason. Internally and externally, the impact is unpredictable. But if the exchange rate is not free to fluctuate, but Burmese is like this, the central bank stipulates.

Well.

Things will be easier.

As for inflation, money is worthless and motorcycles become bicycles. Under the strong price control of basic raw materials in Myanmar, little change has been made.

Raw materials do not rise.

eat.

drink.

use.

Most consumer goods will not make the money in the hands of the people less and less valuable. It can be said that this is almost the only one in the world.

As for Hanbei?

Forget it.

There is almost no normal commodity economy there. No matter how strict material control is, how can inflation come from?

therefore.

Like Burmese, there is indeed no other country that has managed to control the prices of basic raw materials and realize the impact on the prices of upper-level commodities step by step.

If you want to imitate, you can't imitate it.

The price control of raw materials alone means that a considerable part of the raw material companies in the entire country are controlled by the state or have subsidies.

Obviously.

It's too hard to learn.

. . .

Second.

That is, Zero announced at the meeting: By the end of the year, the Asian dollar will steadily appreciate by about 5%. This operation can be described as blinding people's eyes.

The meaning of this statement.

It's not ordinary.

This represents.

Just hold the Asian dollar. By the end of the year, there will be a 5% profit. This is of little significance to the Burmese people. But for foreign countries.

Very important.

Because this is higher than the interest rate of a deposit bank, it is much higher. It has greatly strengthened the popularity of Asian Yuan abroad, and more people are willing to hold it.

. . .

China.

Seeing the news, many investors were shocked.

Happy!

"Five percent? Going up again?"

"Cool!"

"Her pride, Burmese will give money again."

"Haha!"

"..."

This means that the money is now transferred to the Burmese stock market. Even if you lie still, there is a 5% interest for a year. Higher than the bank.

Suddenly.

The abacus sounded.

dry!

"Hurry up and transfer some of your spare money, and lie down to earn 5 percent."

"It feels like Burmese stocks are going to rise."

"definitely."

"Another wave of the Mavericks market is coming."

"..."

They can see this spread, how could others not? Once big money flows into Myanmar from foreign countries, the only place to go is the financial market.

stock market.

Bond market.

It will definitely rise.

therefore.

The money that most people transfer is not lying there, but buying into stocks. Want to make a small profit in this wave of small bull market.

but.

Also hesitant.

"Really? Is it reliable?"

"It must be reliable. What Zero said personally? Can there be falsehoods? They control the Burma Bank Group? And they said it on such an important occasion."

"There are so many big guys who have witnessed it, surely it won't be just talking about it."

"Yes."

"..."

For these doubts? He was quickly suppressed by public opinion. If others say that? They may still hesitate. But who is the other party? The president of a country.

Founder of Myanmar Bank Group.

his words.

In Myanmar.

It is the law.

It's the law.

Speaking of a 5% increase by the end of the year, that is 5%. The exchange rate of others is the central bank's decision. Say how much can be exchanged? How much can be exchanged.

Did not run away.

then.

Many people also followed suit. 5%, which is much higher than the domestic deposit interest rate. And the stock account is one thing better? That is, there are no fees for in and out.

Only buying and selling stocks will incur transaction costs.

For a time.

Personal capital flooded into Burmese stocks frantically.

. . .

same.

The same goes for big capital. Investment institutions with financial licenses in Myanmar have mobilized funds one after another. Five percent is enough to attract them.

Ten billion U.S. dollars.

Earn 500 million a year.

truth.

It is already a good return on investment. The most important thing is stability and no risk. Just a little helpless? There is an upper limit on the funds they can enter.

Want to use Asian dollar arbitrage.

can.

But the scale is limited.

Right.

In their opinion, the main reason for this is to build up Asian yuan confidence. It is not for anyone to arbitrage. All parties are allowed to arbitrage RMB 80 billion.

But more.

Don't even think about it.

. . .

For a time.

The influx of capital from all parties brought another wave of gains to Burmese stocks, and almost all of them went red. How many people look jealous? Envy, jealousy and hate.

Currently.

China and Myanmar share exchanges. People from other countries want to invest? It is temporarily unable to open cross-border accounts and can only find investment institutions. very troublesome.

therefore.

This is good.

They can't fit it.

of course.

There is also a way? That is to hold Asian dollar cash. A 5% increase for one year is also considered an investment. There are still many people doing this.

. . .

India.

North.

Loy City.

Due to the short distance, next to Burma, it has directly become a semi-Asian dollar circulation area. The whole city? Both rupee and Asian dollar can be used to pay.

and.

The latter is more popular.

The merchants are very happy to receive the Asian dollar. Because the value of the Asian dollar is stable. Keep going up again.

Its value.

Accepted by more and more people. Because of their location at the border, many Indians would convert a lot of money at home into Asian dollar cash and keep it.

As for the dollar?

Forget it.

That thing is more difficult to handle, and most families can't see it. Asian Yuan is much easier.

It turns out.

They earned it.

In recent years, the Asian dollar has risen by 30% compared to the renminbi, but the exchange rate of the Asian dollar against the rupee has risen by more than 40.

In short: the rupee is falling.

Don't think about it.

It must be exchanged for foreign currency to maintain its value.

even.

Due to the large number of private holdings, the exquisite printing, and the absence of counterfeit currency. In Loy City’s daily currency payments, the Asian dollar accounts for an increasing proportion.

To this.

Naturally, the Indian authorities will not sit idly by.

however.

do not forget.

Who are the people living in Roy City? Who are investors? Those are big capitals and families with huge influence in India.

Obviously.

They are also willing to earn Asian dollars~www.wuxiaspot.com~ after all.

If it is mandatory exchange for entry and exit, then the Asian dollar can only flow into the Central Bank of India. They can only accept the depreciating rupee. How can this be done?

then.

Under the interference of all parties.

The Indian authorities can only give up, but they only allow this place to be so neat. It does not punish or encourage it, and it is somewhere between legal and illegal.

If the Asian dollar circulates elsewhere, it will definitely be hit. After all, the country’s legal tender is also a form of national sovereignty.

therefore.

All currencies have a collective name: sovereign credit currency.

Unless the national currency system collapses.

otherwise.

No foreign currency will be allowed to circulate.