Chapter 1166 Exchange Tide (Please Subscribe!)

Previous.

Lang Cai is not good at making comments.

But it was uncomfortable.

but.

For the establishment of the stock market.

He agrees with both hands. At present, Myanmar's financial industry can be regarded as "simple", with only banks. Any country that pursues a little bit can not open currency exchange freely.

But will definitely find a way to build up the stock market.

He had also considered it before, but Myanmar was an agricultural country at the time, with almost zero domestic industry, and almost no companies would be listed. If there were only a few stocks, it would be a shame.

now.

There are not too many eligible companies.

Not to mention a large number of high-quality enterprises in Myanmar and Asia, there are just a lot of good new companies. After the zero increase, a large number of state-owned enterprises in Myanmar have been reorganized, management has been optimized, and they have gradually become high-quality assets.

It can be said.

Open at this time.

Just right.

"Stock market? Father, do we want our company to go public as well?" Lang Cai's eldest daughter was a little moved. Listing is much better than bank loans. Bank loans have to be repaid, and listing financing is not required.

"If you need it, go there, if you don't need it, don't go." Lang Cai said.

"Oh."

At this time, Lang Cai seemed to understand a little bit why Zero opened the stock market, just to stabilize the currency value of the Asian dollar after the Asian dollar replaced the kyat and ensure the smooth replacement of the Asian dollar and the kyat.

He also saw one thing.

Zero may want to expand the scale of printing money.

stock market.

In other words, the financial market is a pool of funds, which can absorb excess currency and reduce the risk of inflation. Money goes back and forth in the financial market, and it will not run around and cause prices to rise sharply.

The financial industry is more developed.

The better the effect.

If he is zero, after possessing the transcription stock, since his country has commodities that the whole world cannot refuse, then its currency will be attractive, because at least medicine can be bought.

If so.

Zero will definitely expand the issuance scale of the Asian dollar, print money by himself, and go to the international market in exchange for everything he needs. Thinking of this, Lang Cai is envious. When he was in power, few countries recognized the kyat.

It is only used on a small scale in Southeast Asian countries, and the main trade is still settled by the US dollar and the Japanese yen. Now, the position of the Asian dollar in the regional trade settlement is something he never dared to think about before.

Asian dollars.

Zero ambition.

You can tell from the name.

He wants to make a difference in Asia, not limited to one country and one place. Relatively speaking, the kyat does have limitations, but he doesn't know that Tang Qing's goal is to squeeze the dollar down.

. . .

broadcast of news.

Some are happy and some are sad.

Rejoice is.

Ordinary people are happy because they have more investment channels, otherwise, the money is stored in the bank, and the interest is really a little less. The company is also happy that it can go public for financing and expand its corporate influence.

Sadly.

Many people's assets cannot be hidden.

before.

A lot of the money in question is hidden, and when the kyat depreciates greatly, they dare not exchange it. For example, some Burmese government workers and illegally obtained funds from other channels.

If you take it out and exchange it for Asian dollars.

It will definitely leave traces. Now, although Zero has not restricted them and their families from running business, the crackdown on illegal collection of money is quite strict.

Your family does business.

made money.

It’s okay to spend money for you, but if you get benefits, it’s another matter. Zero’s hand is not soft, even if he takes advantage of his position to benefit his family and give to projects.

but.

Take money to work.

Absolutely not allowed.

Some people say that this is not changing the soup but not the medicine? Both are public power and private use, but there is no perfect system in the world, and no perfect people. As long as it is not too much and does not increase government spending, it is not a big deal.

A million items.

You can do it with a million.

no problem.

But if it becomes 1.1 million, then no one is to blame. Therefore, even if many people are partial to their own people, as long as it is not too much, it is not considered to undermine the system. Fairness is always relative.

otherwise.

The first thing to catch is zero.

Because of the Myanmar Bank Group.

It's an inescapable behemoth. Right now, the rent is crazy, everyone looks at it, you are fat and fat, and we eat bran and pharynx. That way, it will be a bit too ugly.

People are scattered.

The team is not easy to lead.

. . .

Just an hour after the news broadcast.

The official website of the Central Bank of Myanmar has processed nearly 100,000 currency exchange requests.

Less than an hour.

The Central Bank of Myanmar received nearly 400 billion kyat worth of Asian dollars. These are digital currencies, not cash. Their ultimate destination is to be returned by the Central Bank of Myanmar. . . clear.

currency.

That's how it works.

Value comes from national sovereign credit.

Abandoned currency.

It is worthless, and all the kyat exchanged back will undergo such a clearing operation. From now on, the clearing power of Myanmar's sovereign currency will be transferred to the Bank of Myanmar.

And the recovered paper kyat.

There is only one destiny.

All destroyed.

This time the Asian dollar replaces the kyat.

Except for some sympathetic people.

The staff of the Central Bank of Myanmar are very happy.

Because they are not unemployed, their wages are not a penny, what is there to be sad about, as for power? Oh, the central bank is not a general banking institution, and has no real economic power.

Print more money.

Also to the following commercial banks.

It has nothing to do with them at all. In terms of actual power, or oil and water, even Ke Xiao, the governor of the Central Bank of Myanmar, may not be as good as a small governor in a county of the bank below.

That being the case.

Sad what?

Even the original president, Ke Xiao, is still the president, but from now on, the function of the Central Bank of Myanmar has become the policy research and voice department of the Bank of Myanmar, doing similar things as before.

. . .

the next day.

Daybreak.

Outside the Myanmar-Asia Special Economic Zone.

There are queues outside banks in major cities. Not everyone has access to the Internet, and the penetration rate of computers is not high. Most people can only apply for the exchange business at the bank.

Arguably.

Why not exchange all the money in everyone's bank cards into Asian dollars at once, so that the problem will be solved overnight? The remaining banknotes are slowly exchanged.

However.

If you think so.

It kind of overlooks another purpose of this exchange.

——

Clean up problem accounts.

This time, when applying for the exchange of kyat in the bank card, it is necessary to provide an ID document. In this way, a large number of illegal accounts and dead accounts will be exposed.

for example.

A person's illegal gains.

The money.

He may not have an account under his own name, but it may be someone else's account. You must know that generally banks only need to provide ID documents when opening an account, and they will not need it in the future.

Now.

If the other party wants to exchange money, they have to use their ID cards again. Yes, many people can provide ID cards, but there will always be some illegal income that will be frozen in this way.

As for frozen money and money in dead accounts.

Forehead.

Also useless.

For an institution that can print money, these things only mean to help stabilize the economic order, combat economic crimes, sort out internal accounts, and improve account classification, which is conducive to management.

As for flowers?

forget it.

Reprinted.

It is nothing more than typing a 1 on the computer, and then consider how many zeros you will type later.