Chapter 326 Who Is so Awesome

Chapter 326 Who Is So Awesome

To be honest, after seeing the situation in the morning, many international speculators who are preparing to enter the market are eager to make a move. After all, if they follow the general trend at this time, even a fool can get a piece of the pie.

In just one morning, the Malaysian government lost nearly 30 billion US dollars of foreign exchange reserves. How much is Malaysia's total foreign exchange reserves? Do you think it is a big country like China? Putting trillions of dollars of foreign exchange reserves there is frightening to death.

When Malaysia's foreign exchange reserves are exhausted, the rest is to let these financial buyers do whatever they want. It is worth mentioning that, affected by the morning and yesterday's foreign exchange market, the Malaysian stock market fell almost across the board this morning. Including Xiangjiang red is falling, green is rising).

When the stock market starts to fluctuate, it will easily cause stockholders to panic. When stockholders start to sell their stocks, it will cause a chain reaction at that time. Finance has always been closely linked, especially now that the Internet Times, even more so.

But as soon as the press conference at noon in Malaysia came out, these international financial speculators immediately calmed down. In fact, some people had already entered the market 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.

"The funds we can use exceed one trillion U.S. dollars. If we want, we can transfer more funds to enter the market at any time." Tian Zhong said immediately.

"Then I'm fine, you can deal with it as you see it." Hu Fei said simply.

The combined foreign exchange reserves of these countries are only half of the funds mobilized by themselves, and in such a behavior, the attacker must take advantage of it.

I have to say that it is really convenient to have a private bank, which is why so many rich families or consortia in foreign countries must be centered on banks, because having a bank means that you can mobilize more funds It's not just your own funds.

All the funds of depositors in the bank, under the condition of ensuring a certain working capital, there will be almost no problem in short-term transfer.

Usually, most ordinary people don't know what their deposits are used for by the bank. Otherwise, why would the bank give such a 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 paying attention to the situation in the Malaysian foreign exchange market at any time. Everyone wanted to know whether the people behind the scenes in the morning retreated directly or were preparing to continue.

If we continue, let’s see what the two countries, 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 that gets rich faster than robbing a country? 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.

But what everyone didn't expect was that the Malaysian foreign exchange market was temporarily stable here, but there were more than a dozen large short-selling orders suddenly appeared in the Singapore foreign exchange market. It fell in response.

When the news came out, everyone couldn't help but swear, who the fuck is that? Is it so awesome? Directly provoke two countries at the same time? Back then, Soros did not inflate to such a degree. They also attacked a country first, and then took advantage of the panic in the market from this country to spread directly to the entire Southeast Asia.

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

But don't tell me

The dozens of huge short-selling orders that emerged have really directly affected the Singapore foreign exchange market. At least if the Singapore government does not use foreign exchange reserves, these dozens of huge short-selling orders will lead to a decline in the Singapore dollar against the US dollar. The exchange rate will continue to fall!

Under such circumstances, the Singapore government can't do without using foreign exchange! Then something happened that stunned everyone. It was like returning to the press conference in Malaysia in the afternoon. After a dozen huge short selling orders were placed in Singapore, the Malaysian foreign exchange market once again ushered in a storm. The same short-selling baptism!

As the short-selling orders kept popping up like refreshing, the head of Malaysia's financial sector broke out in cold sweat. There.

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

After pondering, Mahat decisively and directly ordered all foreign exchange reserves to be invested in the foreign exchange market at any time, and at the same time he began to make phone calls to raise funds.

This part of the funds is definitely not enough, and we must raise part of it with other people. But at this time, how many people are willing to stand with the Malaysian government is really unknown.

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

You know, this is really using real gold and silver. Once the foreign exchange reserves are exhausted, it means that Malaysia's economy will really collapse.

When a country’s citizens go abroad to exchange foreign currency, they first spend from the country’s foreign exchange reserves; 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 ringgit .

At this time, the exchange rate of the ringgit will fall directly 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 up the rate at all, Tian Zhong finally told Hu Fei that someone had made a move.

"Who?" Hu Fei asked immediately.

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

Hu Fei sneered: "These hungry wolves, there is no reason to miss the delicious 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 borrow my food. hand to make money."

"Yes." Tian Zhong replied in a deep voice directly, this means that you don't panic if you have money in your hand, even if the leverage is high, but when others can't beat you, you don't have to worry about the security deposit at all.