Urban: I Am God

Chapter 326 Who is so arrogant

To be honest, after seeing the situation in the morning, many international speculators who were preparing to enter the market were eager to move.

In just one morning, the Malaysian government lost nearly 30 billion US dollars in foreign exchange reserves. How much is Malaysia’s foreign exchange reserves in total? Do you think it is a big country like China? Trillions of dollars of foreign exchange reserves were put there, and I was scared to death.

When Malaysia's foreign exchange reserves are exhausted, all that is left is to let these financial buyers do whatever they want. It is worth mentioning that, affected by the foreign exchange market this morning and yesterday, the Malaysian stock market rose almost across the board this morning and fell most of the foreign countries. Including Hong Kong red is down, green is up).

When the stock market starts to fluctuate, it will easily cause panic among investors. When the investors start to sell the stocks in their hands, it will cause a chain reaction. Finance has always been closely related, especially in the current network. times, even more so.

However, as soon as the press conference at noon in Malaysia came out, these international financial speculators were immediately calmed down. In fact, some people had already entered the venue in the morning, but they were all small-scale, and there was no large-scale movement for the time being.

"Can you support it? How much money have we mobilized now?" Hu Fei asked curiously.

"We have more than a trillion dollars of funds at our disposal. If we want, we can draw more funds to enter the market at any time." Tian Zhong said immediately.

"Then I'll be fine, you can just watch and deal with it." Hu Fei said simply.

The combined foreign exchange reserves of these countries are only half of the funds they mobilized themselves, and in such behavior, being an attacker would definitely take advantage.

I have to say that it is really convenient to have a private bank, which is why so many wealthy families or consortia abroad must be bank-centric, because having a bank means that you can mobilize funds Not just your own funds.

As long as a certain amount of working capital is guaranteed for the funds of depositors in all banks, there is almost no problem in short-term calls.

Usually, most ordinary people don't know what their deposits are used for by banks. Otherwise, why would banks give such high interest on fixed deposits?

Because they can use your funds to do more things, invest more, and make more money.

The short market break at noon passed quickly, and most of them were keeping an eye on the situation on the Malaysian foreign exchange market. Everyone wanted to know whether the people behind the scenes in the morning retreated directly or were ready to continue.

If you continue, then let's see what Singapore and Yu will do. If there is a chance, these international hot money will naturally enter the market at any time and follow a wave of fat.

Is there anything in this world faster than robbing a country to get rich? Although it is said that this is within the scope of the rules, in fact, this is robbery, and it is clear that it is robbery of your foreign exchange reserves.

However, what everyone did not expect is that the Malaysian foreign exchange market is still in a stable state for the time being, but in the Singapore foreign exchange market, a dozen large short-selling orders suddenly appeared, and the exchange rate of the Singapore dollar to the US dollar was almost the same. fell in response.

When the news came out, everyone couldn't help but let out a foul language, who the **** is he? Is it so naughty? Directly provoke two countries at the same time? Soros did not swell to this level back then. People also attacked a country first, and then from this country began to take advantage of the panic in the market, which directly and gradually spread to the entire Southeast Asia.

And this country directly attacked another country before it even hit.

But don’t say, the dozen or so huge short-selling orders that popped up really had a direct impact on Singapore’s foreign exchange market. At least if the Singapore government didn’t use its foreign exchange reserves, the dozen or so huge short-selling orders would have had a direct impact. The exchange rate of the Singapore dollar against the US dollar will continue to fall!

Under such circumstances, the Singapore government will not be able to use foreign exchange! Then something that made everyone stunned happened, just like the press conference in Malaysia in the afternoon. After more than a dozen huge short-selling orders were placed in Singapore, the foreign exchange market in Malaysia ushered in a storm again. The same short selling baptism!

As the short-selling list kept popping up like a refresh, the head of the Malaysian financial department broke down in a cold sweat. After letting his people quickly stabilize the pile, he made a phone call to the Prime Minister. There.

Ask the Prime Minister to make a quick decision to put all foreign exchange reserves into use, because almost 70 billion US dollars of foreign exchange reserves were used in the morning, and now there are about 50 billion US dollars left.

After thinking about it, Mahat decided and directly ordered that all foreign exchange reserves can be put into the foreign exchange market at any time~www.novelmt.com~ At the same time, he started to make phone calls to raise funds.

This part of the fund is definitely not acceptable, and it must be raised with other people. But at this time, how many people are willing to stand with the Malaysian government, I really don't know.

Unless the government is willing to make some promises to use some fixed assets, minerals and other mortgages, otherwise, these businessmen and rich people in Malaysia are not fools, and it is impossible to directly dispatch funds for no reason.

You must know that this really uses real money and foreign exchange reserves, which means that Malaysia's economy will really collapse.

Citizens of a country who go abroad to exchange foreign currency are paid from the country’s foreign exchange reserves first; once the foreign exchange reserves are depleted, it means that the country’s banks have no foreign exchange. In other words, the Malaysian government bank has no US dollars, only ringgits .

At this time, the exchange rate of the ringgit will drop at a terrifying speed.

"Master, someone has made a move." As the progress of the two sides continued to increase, but the Malaysian government had no tendency to pull the full rate, and finally Tian Zhong told Hu Fei that someone had made a move.

"Who?" Hu Fei asked immediately.

"Wall Street, but I don't know the specifics." Tian Zhong said simply.

Hu Fei sneered: "These hungry wolves, there is no reason to miss the food when they see the food, but you don't need to pay attention to them for the time being, but you have to be prepared, if necessary, these people can't let them use my Make money with your hands."

"Yes." Tian Zhong replied in a deep voice. This is because he has money in his hand and he will not panic at all. Even if the leverage is high, when others can't beat you, you don't have to worry about margin problems.