Urban: I Am God

Chapter 321 I just want to beat you

The entire foreign exchange market, which was originally lazy, instantly became hot, and countless people began to make calls continuously. Because of the convenience of the Internet, many people operate in their own homes, and do not need to go to some halls, or is to go to the exchange.

But it is precisely because of this that many people will not pay attention to it anytime, anywhere, so some people with regular customers, especially those with big customers, naturally want to call their big customers as soon as possible.

But whether they make a phone call or not, it's useless, because all the long positions were directly liquidated, and many large short-selling orders were directly smashed, causing the exchange rate fluctuations to immediately start to fall at a terrifying speed.

Many people may not understand what short selling means.

To give the simplest example, for example, the market price of a stock is 100 yuan. If you estimate that the stock will fall to 90 yuan, and you short-sell the stock, then you will sell it at the price of 100 yuan. For example, if you sell 1,000 shares, your account will earn 100,000 yuan and start to count interest.

When the stock drops to 90 yuan, you will automatically repurchase 1,000 shares at 90 yuan.

This is basically the operation of short-selling. Of course, short-selling in exchange rates is not the same as short-selling in the stock market. In the foreign exchange market, short-selling buys and sells currencies.

But the actual reason is the same, so short selling does not mean that you can sell short if you want to, you must have enough currency in your hand.

The problem is that Hu Fei owns more than a dozen banks alone. Although a considerable number of these banks are regional banks and have no business in Southeast Asia, these banks can mobilize money for Hu Fei through cooperation with other banks.

Therefore, Hu Fei has a lot of Malay currency in his hands. When Hu Fei starts to sell a lot of shorts, if there is no long position, that is, if people who buy up add orders, then the exchange rate of Malaysian currency to US dollar will be will fall, which means that the Malaysian currency, the ringgit, will start to depreciate.

I believe Hu Fei does not need to say what the consequences of a country's currency depreciation are, many people understand it.

The sharp devaluation of the currency means massive inflation in their country, which will bring about the fact that prices will rise before the money in the hands of the people will become less. Those things that cost millions to buy a piece of bread will happen, of course, it has to depreciate to a certain extent.

But it is impossible for any government of any country to watch its currency depreciate, because once a turmoil occurs, the exchange rate will fall completely, and then domestic turmoil will begin, and the country will be swept away by a wave of wealth by international financial speculators.

Many people don't know how international financial players make money. In fact, that's how they make money.

And once these countries start to intervene, they will have to use their foreign exchange reserves to stabilize their own exchange rates, that is, to increase long orders and fight against short sellers.

But in this way, once the short position cannot be won, it means that the foreign exchange reserves of this country will be completely swept away by the enemy, which means that all the money will be lost.

And now, Hu Fei is doing such a thing, directly shorting the ringgit. In just a few dozen minutes, the exchange rate between the ringgit and the US dollar has dropped by 7.6%, which is already a sign for the foreign exchange market. Very terrifying fluctuations.

The main reason is that Hu Fei has prepared enough materials in his hand, and the emergency department of the Malaysian government has begun to intervene, and some long-long orders have also begun to appear, but these long-long orders can't keep up with Hu Fei's rhythm here.

These traders are all professional, and there is an entire financial team behind them, so Hu Fei doesn't need to worry about them. What's more, Hu Fei is using 20 times leverage for short selling.

The so-called leverage of 20 times is to use 1 US dollar as 20 US dollars, but there will be a margin for this operation. If you exceed the margin, the position will be forcibly closed, which is the so-called liquidation, and then it will be lost.

If your margin is sufficient, if your order can be maintained forever, there is still a day for a comeback. However, Hu Fei naturally doesn't have to worry about liquidation. Although he doesn't know the exact number of funds that he can mobilize, there are at least hundreds of billions of dollars.

According to the leverage ratio of 1:20, 1 trillion US dollars is equivalent to 20 trillion US dollars. Although the funds mobilized here may not be 1 trillion yuan, even if it is only half, it is equivalent to 10 trillion US dollars.

Do these countries in Southeast Asia have so much foreign exchange reserves? absolutely not.

What's more important is that things are just the beginning, the news will soon spread all over the world, and then those international financial speculators will soon follow suit.

As for whether they follow Hu Fei or the Malaysian government, Hu Fei is not worried. Do you think the people on Wall Street are vegetarians? These people can quickly analyze the situation.

At that time, with the addition of these other funds, Malaysia will not be able to bear it at all. Hu Fei looked at the curve graph on the screen on the wall lightly. Although Hu Fei was not proficient, Hu Fei could understand it.

Inside a department office in Malaysia, "Has the investigation been done? Who is attacking us?" Malay Prime Minister Mahat asked in a deep voice.

"For the time being, we don't know. The other party has at least hundreds of bank accounts, but this incident is not so coincidental~www.novelmt.com~ According to the analysis of our intelligence department, it is very likely that Hu Fei did it." A middle-aged man directly speak up.

Mahat's breath choked, Hu Fei?

"you sure?"

"It's very possible. After all, this is too coincidental. It only took a few days before and after." This person knows some secrets. After all, the Malay government also played some disgraceful roles in this incident. The outside world does not know how to respond. Yes, but can some people not know what's going on?

Of course, it is impossible for the government to handle the specific affairs. It is impossible for them to handle this kind of thing. In that case, who would dare to invest here in the whole country? They are also passive acceptors.

But no matter how passively you accept it, you will acquiesce to some things. Otherwise, there are some things that others would not dare to do at all.

When Mahat heard this, he immediately thought of the sentence that the other party brought back at that time. Now that he thinks about it, does it need to be said? This is so obvious that it must be Hu Fei. Hearing those words at the time felt a little inexplicable, but now it seems... this is already a blatant warning.

"Help me contact the leaders of several other countries, and tell the financial department to let them use their foreign exchange reserves to stabilize the exchange rate at all costs."

"Yes."

At the same time, inside the Guo family, after a few calls, the Guo family members all sat together.

"This...too arrogant, right? Did you directly attack the foreign exchange market?" Guo Xiaolin couldn't help swallowing his saliva and said.

"Arrogant?" Guo Xiaotian gave a wry smile. These days they were still keeping the spirits in the manor, but he checked Hu Fei's information. What is this? Hu Fei has done a lot more than this arrogant thing.