Reborn Super Bank System

This meeting.

The results are gratifying.

One.

On the original basis.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 is also a gain.

Simultaneously.

It also sent a message---Yayuan would 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, there is little change.

Raw materials do not rise.

eat.

drink.

use.

Most consumer goods will not make the money in the hands of the people increasingly worthless.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 controls the price of basic raw materials and realizes the impact on the prices of upper-level commodities step by step.

If you want to imitate, you can't.

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.

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 much higher than the interest rate of deposit banks.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!"

"Hero, Burmese will give money again."

"Haha!"

"..."

This means that money is now transferred to the Burmese stock market.Even if you lie still, you get 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 five percent."

"It feels like Myanmar 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 bull market.

but.

Also hesitant.

"Really? Is it reliable?"

"It's definitely reliable. What Zero said personally, can there be falsehoods? People control the Myanmar Bank Group, and they said it on such an important occasion."

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

"Yes."

"..."

These doubts were quickly suppressed by public opinion.If others say so, they may still hesitate.But who is the other party?The president of a country.

The 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 is the central bank's decision.Say you can exchange as much as you can.

Did not run away.

then.

Many people also followed suit.Five percent 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 Myanmar stocks frantically.

...

same.

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

Ten billion 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 a limit on the funds they can enter.

Want to use Asian dollar arbitrage.

can.

But the scale is limited.

Right.

In their view, the main purpose of Burma's doing 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 think about it.

...

For a time.

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

Currently.

China and Myanmar share exchanges. People from other countries who want to invest cannot open cross-border accounts temporarily and can only find investment institutions.very troublesome.

therefore.

This benefits.

They can't fit it.

of course.

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

...

India.

North.

Loy City.

Due to the short distance, next to Burma, it directly became a semi-Asian currency circulation area.The entire city can be paid in rupee and Asian dollars.

and.

The latter is more popular.

The merchants were 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 ordinary families can't see it.Asian Yuan is much easier.

It turns out.

They earned it.

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

In short: the rupee is falling.

Don't think about it.

It must be exchanged for foreign currency to maintain value.

even.

Due to the large number of private holdings, the exquisite printing, and no counterfeit currency.The Asian dollar accounts for an increasing proportion of daily currency payments in Loy City.

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 the big capitals and families with huge influence in India.

Obviously.

They are also willing to earn Asian dollars.

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 work?

then.

Under the interference of all parties.

The Indian authorities can only give up, but they only allow this one place to be so neat. It does not punish or encourage it. 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.