HK1497 The Sharp Drop in the Exchange Rate of the Southern Dynasties!

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At the beginning of 2008, in the South Korean exchange rate market, the exchange rate between the Korean won and the U.S. dollar opened at a base point of 933 Korean won to 1 U.S. dollar. At the same time, the exchange ratio between Xia Guoyuan and the US dollar was still as high as 8:1.

Although Li Jianguo repeatedly asked Xiaguo to appreciate the value of Xiaguoyuan, Xiaguo ignored it at all. Don't think that Xia Guoyuan's appreciation is necessarily a good phenomenon. Everything has advantages and disadvantages. Appreciation will also bring a series of troublesome things, especially for Xia Guoyuan officials. As a country with labor-intensive enterprises, if Xia Guoyuan appreciates easily, I'm afraid It will have disastrous effects.

As a developed country, South Korea will basically have more advantages than disadvantages if the Korean won appreciates. However, the South Korean won, the currency of the Southern Dynasties, is always on the path of depreciation, and it is going further and further.

Local time in the Southern Dynasties, February 15th, 11 o'clock in the morning.

The KOSPI200 index dropped to 840 points, reaching the largest decline in eight years and continuing to decline.

Since the Southern Dynasties had given up on the stock market, the KOSPI200 index did not adopt temporary suspension measures, but allowed it to develop freely.

When the KOSPI200 index dropped to 700 points, a large amount of international hot money began to flee. These financial giants enjoyed a feast in the Southern Dynasty, humiliated the Southern Dynasty and left without any sense of guilt.

However, these financial giants did not really leave. They continued to linger on the periphery of the Southern Dynasty, waiting for a new round of feast.

In the international financial market, the gossip that Mu Shuang released did not convince the real financial giants. But Mu Shuang's intention was not to make them believe it, but to send a signal that he would attack the exchange rate market of the Southern Dynasties. Are you interested?

The current situation in the Southern Dynasties is very bad. Financial giants are naturally interested in attacking the exchange rate system of the Southern Dynasties. But no one wants to stand out, lest they be harmed by the Southern Dynasty government.

The financial giants understand very well that the Southern Dynasties can give up the stock market, but it is absolutely impossible to give up the exchange rate market. Therefore, the first financial giant to attack the exchange rate market of Southern Korea is very likely to be attacked by the mythical beast.

Faced with such a situation. All the financial giants are waiting. They are waiting for others to take the first step. Mu Shuang's face changed slightly when she discovered this situation.

If this situation is allowed to continue to develop, perhaps the attack on the South Korea's exchange rate market will be delayed to the point of being canceled. After all, some international hot money investors have already made a lot of money and it is impossible for them to continue taking risks.

Although international hot money loves to obtain huge profits in a short period of time. But they don't want to take risks at all, they prefer to make sure profits without losing money.

But how can it be so easy to make a profit without losing money?

"Yizu'er, help me contact Shi Lei!" Mu Shuang ordered Yizu'er and asked Yizu'er to contact Shi Lei. Because Shi Lei seemed to be in a state of not getting up yet.

After a moment, Shi Lei's voice came from the LIP lens information processor, "Shuangshuang, what's the matter?"

Mu Shuang explained the situation. Then he said anxiously: "Shi Lei, if we don't break this deadlock, this attack on the South Korea's exchange rate system will most likely end in vain. What should we do?"

Shi Lei thought about it and said, "Shuangshuang, if we attack the exchange rate market of the Southern Dynasty first, how long will it take for the international hot money to follow?"

Mu Shuang frowned and thought, "Those international hot money will definitely not follow up immediately. They will observe the situation. Shi Lei, this method will not work. Our principal is only 9 billion U.S. dollars, plus the profit of 5.4 billion U.S. dollars, the total is With only 14.4 billion U.S. dollars invested in the South Korean country’s exchange rate market and the South Korean country’s national bank, all we need is a wave of waves, and all our funds will disappear.”

Shi Lei sighed, "These damn international hot money! What if we organized them?"

"If all the international hot money unites to break the exchange rate system of the Southern Dynasties, it will not be a big problem at all. But the current situation is that some international hot money is unwilling to take risks. They have made a lot of money in the stock market and are ready to retreat at any time! "Mu Shuang said somewhat helplessly.

"Let's try to let Yizuer set up a communication platform to test the opinions of other international hot money managers and see if we can reach a consensus agreement!" Shi Lei proposed a temporary solution.

Mu Shuang denied, "Shi Lei, this method is basically impossible. International hot money attaches great importance to confidentiality. It is impossible for managers of international hot money to enter the communication platform we established for consultations and talks."

In fact, there was another reason that Mu Shuang did not say. A considerable amount of international hot money has problems with its identity. It is very likely that it is a shadow fund of state power. How could they risk their identity to stand up and talk to Shi Lei?

Rumors abound that all countries have financial geniuses who manipulate foreign exchange reserves to make waves in the international market. This is definitely not a joke, but real information.

Just when Shi Lei and Mu Shuang were at a loss what to do, Yizuer suddenly issued a voice prompt.

"Sir, in the exchange rate market of the Southern Dynasty, 300 billion U.S. dollars of funds poured in." Yizuer's reminder message was a parallel project, which meant that Mu Shuang was reminded at the same time.

Mu Shuang's face was overjoyed, "Shi Lei, a super predator is taking action, let's see what happens!"

The so-called super predators are the giants among international hot money. For example, the international hot money this time is a giant that controls US$300 billion.

This US$300 billion must be held by an international hot money fund, otherwise, they would not dare to take action. If there are multiple joint institutions, if there is any fluctuation in the exchange rate market and one of the institutions withdraws, wouldn't that hurt other teammates?

Therefore, we can only dare to rush into the exchange rate market of the Southern Dynasties immediately if we agree on both advances and retreats. At the same time, maximum profits will be obtained.

Faced with the impact of 300 billion US dollars, no matter how good the Southern Dynasty is, it is impossible to wipe out such a huge sum of money in an instant. With the entry of these 300 billion US dollars, a gap was opened in the exchange rate market of the Southern Dynasties. The army of international hot money waiting outside finally no longer hesitated and poured into this new feast.

Mu Shuang did not hesitate, controlling 14.4 billion US dollars, and also entered the exchange rate market of the Southern Dynasties. In the exchange rate market, choose the currency of South Korea, the Korean Won, to depreciate.

Currently, the exchange ratio between the South Korean won and the US dollar remains at 940:1. When US$300 billion poured into the exchange rate market and depreciated, the exchange ratio between the Korean won and the US dollar suddenly dropped to 965:1.

The government departments of the Southern Dynasties quickly intervened to try to restore the risks in the exchange rate market. However, the large amount of international hot money did not receive enough benefits in the first round of feast, so how could they be willing to do so?

In the second round of the feast of the exchange rate market, these international hot money giants who did not receive enough benefits, with sufficient partners, confidently attacked the exchange rate system of the Southern Dynasties.

Xia Guo time, 10:40 am. Southern Dynasty time, 11:40 am.

The exchange rate system of the Southern Dynasty has been severely attacked. So far, in less than half an hour, the international hot money pouring into the exchange rate market of the Southern Dynasty has exceeded 800 billion US dollars, and is still increasing rapidly.

Shi Lei looked at the information fed back by Yizuer and looked a little shocked, even though Shi Lei had seen the world and had extraordinary experiences. But facing wealth of hundreds of billions of dollars, or even wealth close to trillions of dollars, Shi Lei was still shocked.

The exchange rate between the South Korean won and the US dollar in South Korea has fallen to 1,280:1. In less than half an hour, it has already dropped below 36%!

Some people in the Xia Kingdom may think that the appreciation of the Xia Kingdom will bring a series of negative impacts, but for ordinary people, the benefits of the appreciation actually outweigh the disadvantages.

If Xia Guoyuan really depreciates, it will bring great trouble to ordinary people. It seems that this time, the South Korean won plummeted by 36%.

What concept does this equate to?

Suppose that originally 20,000 won could buy 100 eggs imported from Europe, but after the won depreciated by 36%, 20,000 won could only buy 64 eggs. The value of the other thirty-six eggs has been invisibly depreciated.

The wealth of the people in the Southern Dynasties will shrink rapidly with the depreciation of the Korean won, and the prices of various daily necessities will rapidly increase, even causing rapid inflation.

"Shuangshuang, to what extent will the South Korea's Korean Won fall in the end?" Shi Lei asked curiously.

Mu Shuang responded quickly, "I don't know yet, it depends on how much international hot money is involved. Okay, I'm a little busy now, you can watch the excitement yourself."

Shi Lei did not bother Mu Shuang anymore. Instead, he checked the source of funds entering the Southern Dynasty in the exchange rate market of the Southern Dynasty, trying to discover the identity of one or two international hot money.

But a moment later, Shi Lei did not discover the source and identity of the international hot money. Instead, he discovered that hackers from the Xia Kingdom and the Wosang Kingdom were also active in this financial feast.

Hackers also seem to be grabbing wealth, even if that part of the wealth is very small, but they have also become the beneficiaries of the plummeting exchange rate market in the Southern Dynasties.

Faced with such a situation, the hacker community in the Southern Dynasties had no way to stop it. The hacker community in the Southern Dynasty is still trying to figure out how to deal with the situation of the Dark Messenger!

February 15th, Southern Dynasty, local time, 2pm. The corresponding Xia Kingdom time is one o'clock noon.

Mu Shuang just ate some lunch in a hurry and continued to pay close attention to the exchange rate market situation of the Southern Dynasty. This time, Mirui Technology Group invested 14.4 billion US dollars in speculation, and Mu Shuang did not want to lose everything.

Fortunately, the results so far are good. But the Southern Dynasty government is also trying its best to fight back!

.(To be continued ~^~)