Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 892 The real decisive battle!

A mocking smile flashed across Sir Norman's lips. Does Prime Minister Major still have room to refuse?

He has now seen clearly that Major would never allow the exchange rate to fall like this, whether it was for the British Empire or for himself!

In other words, he has already settled on Major!

As for whether Major struggled once, twice, or how, it doesn't matter, it really doesn't matter!

As the game ended, the atmosphere on the phone instantly relaxed a lot.

"So what are you going to do with the $10 billion?" Major asked.

"I am not prepared to invest too much foreign exchange reserves now. I just need to invest a small amount of foreign exchange reserves to prevent the pound exchange rate from falling too ugly. Most of the funds, I want to cooperate with this morning, announce an increase in

The bank deposit interest rate will be invested later. Only in this way can the exchange rate of the pound be stabilized in one fell swoop and prevent the exchange rate from falling below 2.7780," Norman said.

As the saying goes, a lion must fight a rabbit with all his strength. After the previous contest, he already knew how powerful and difficult the opponent was. If he did not choose to concentrate all his efforts and fight to the death, it would only be reduced to a tactic to add fuel to the fire and lose his hands in vain.

of foreign exchange reserves to the other party.

Thinking of this, Norman felt sad in his heart.

Since when has the British Empire declined to the point where it needs to fight to the death?

And still, is it possible to remain undefeated?

In addition, what he just said was to prevent the exchange rate from falling below 2.7780 and ensure that the pound can remain in the European exchange rate system. He did not say to raise the exchange rate of the pound back to its original value.

Because he is very aware of the current economic situation in the UK and the artificially high exchange rate, it is absolutely impossible for the exchange rate to rise back up unless he can take out all of the UK’s foreign exchange reserves.

But how is this possible? If this is really possible, it is not enough for the prime minister to be crazy. All the cabinet members must also be crazy.

After receiving the latest news from the UK on the phone, Soros curled his lips and chuckled. Everything was as he expected.

He put down the "Lessons of the Twentieth Century" in his hand and stretched.

In any case, the first half of the battle against the pound was finally over, and it was all under his control, and the situation was even better than he expected.

Now the exchange rate of the pound has been lowered to below 2.84. Probably when the official decisive battle is tomorrow, the exchange rate of the pound can be pushed to above 2.7780 in one sprint, forcing the pound to leave the European monetary exchange rate system.

When that happens, it will be the real end of the pound, and the massacre will officially begin.

However, this would be a bit awkward in terms of time.

It can't be compared to when the war just started. It was two o'clock in the afternoon in New York and eight o'clock in the evening in London. It was the time when the British had already rested. They could only fall into passive beatings and could not fight back.

If it were not for such a time difference, the British would not be able to launch a counterattack within a short period of time after being attacked.

Otherwise, without even changing the means, which is to use foreign exchange reserves and raise bank deposit interest rates, he would never be able to bring down the exchange rate of the pound so easily and lay a good foundation for victory.

But now he felt a little uncomfortable. When it was eight o'clock in the morning in England, it was exactly two o'clock in the morning in New York, which meant that he had to fight the British all night long from early morning to dawn.

Soros shrugged helplessly. This is probably what God calls fairness.

However, it's actually okay. After all, they are just a group of crocodiles hiding under the water, and there is no need to show their faces. The darkness and the water are the best tools for them to hide themselves.

But the question is, there are still nearly five hours until eight o'clock in the morning in London. Should he go to bed or continue to stay and read?

After thinking for two seconds, he decided to sit in the office and read the teacher's "Lessons of the Twentieth Century".

The teacher is getting older and his health is not good, otherwise he would not have decided to write this book "Lessons of the Twentieth Century" when there are still ten years left in the twentieth century, intending to use his outstanding wisdom and profound

Scientific and philosophical theories provide a summary of the twentieth century for human society, rather than waiting until ten years later when the twentieth century has completely passed before making a summary.

For him, his teacher, Karl Popper, was not only the greatest philosopher of the twentieth century, but also his loving father.

The teacher was not only a fellow countryman of the Austro-Hungarian Empire, but also an elder of his own clan, giving him great care and life guidance, like a father.

At this time, directly above Soros's head, Zhu Changhong looked at the stable and declining pound exchange rate, and he couldn't help but let out a sigh of relief. It seemed that it was finally over.

Instructing the traders to keep an eye on the trend chart, Zhu Changhong returned to the office and fell onto the wire bed.

Although his previous operations could be said to have been near misses, he still shouldered the heavy responsibility of six billion US dollars on his shoulders. He was always in a state of high mental stress and his energy and energy were greatly consumed.

As soon as he thought about it, he suddenly had the urge to call Mr. Fang and report to him.

But after thinking about it, he gave up the idea of ​​committing suicide. Although it was already nine o'clock in the morning domestic time, Mr. Fang was woken up by him yesterday. Who knows when Mr. Fang fell asleep yesterday?

, if he had just fallen asleep, wouldn't he have just hit the muzzle of the gun?

After thinking about it, Zhu Changhong tilted his head, and then a loud snoring sound suddenly sounded.

At this moment, the global foreign exchange market has once again returned to its former calm, and all major moves have gradually disappeared. Only the pound is seen falling steadily at a rate of one hundred basis points per hour.

Just a hundred basis points, no more, no less. The fund manager of Quantum Fund showed off his control over the exchange rate at will.

Everyone is almost waiting for the real decisive battle to come tomorrow.

As for Fang Chen, who was missed by Zhu Changhong in his dream, he was accompanying Su Yan to eat traditional Yanjing snacks such as stir-fried liver and jiao rings.

But to be honest, although he lived in Yanjing for four years in his previous life and passed through Yanjing countless times on business trips, he really couldn't get used to Yanjing's snacks, especially bean juice.

The first time he saw bean juice, he thought the bowl of swill was sour.

But for some reason, Fang Chen suddenly sneezed twice in a row. He rubbed his nose and muttered: "Who is scolding me?"

London time, 5:20 am.

As the first ray of sunshine in the morning broke through the thick layer of fog over London, London, which had been anticipated all night, finally woke up.

What's a little strange is that, except for some specific professionals, such as sanitation workers and bus drivers, some people who should never get up early at this time, such as media reporters, were all awakened.

They were summoned by the newspaper, saying that the government had big actions and big news today.

After probably asking each other about it, almost all the media reporters in London were stunned. They never expected that such a large-scale exchange rate war would break out between last night and early this morning!

The most important thing is that the UK seems to be losing. The exchange rate of the pound has fallen terribly. As of 5 o'clock this morning, the exchange rate of the pound has fallen to 2.80, only one step away from the lowest limit of 2.7780.

FUCK!

Damn it!

The UK is about to withdraw from the European exchange rate system!

For a time, almost all the media reporters in London were excited and furious.

As for some reporters who are relatively well-informed, they are gearing up at home early and preparing to rush to the gate of No. 10 Downing Street early to grab a good seat.

It's 7:30 in the morning instead of 8:00 as originally planned.

Prime Minister Major appeared at the gate of No. 10 Downing Street with a group of cabinet members.

There was no way, he really couldn't carry out the original plan.

Given the current rate of decline of the pound exchange rate, if we really wait until 8 o'clock to hold a press conference to announce measures to save the pound exchange rate, I am afraid that the pound will have already fallen below the lowest limit of 2.7780 by then.

At that time, what he needs to announce is not how to save the pound, but to withdraw from the European exchange rate system.

It seemed that Major was in good spirits, with a confident and calm smile on his lips. Only his makeup artist knew how thick a layer of powder he applied around Major's eye circles.

But it doesn't matter, after all, no one else has X-ray eyes.

"I believe you have already understood some of the things that happened from last night to early this morning. A group of shameless foreign hot money, hedge funds, and financial crocodiles have their eyes on the pound, and they are trying hard to bite the exchange rate of the pound. But I want to say

What's more, the pound will never be overthrown so easily! The British Empire will never be overthrown so easily!" Major said loudly and loudly.

A burst of enthusiastic applause suddenly broke out from the surroundings, deafening!

"Our great country has advanced science and technology, a prosperous economy, and is full of vitality. Everything is full of hope, so there is no basis for the fall of the pound. Everything you see now is just the result of human manipulation!"

"From now on, I announce that the Cabinet Government will invest a large amount of hundreds of dollars in foreign exchange reserves to save the exchange rate of the pound, and from this moment on, the deposit interest rate of all British banks will increase by 2% to protect the pound...

…”

With various radio broadcasts and cable TV, British Prime Minister John Major's speech was instantly broadcast throughout the world!

At the same time, Governor Norman sternly ordered: "Now release three billion US dollars immediately, and then release US$200 million every minute. I want you to release all US$10 billion in foreign exchange reserves within thirty minutes.

Call out, I want to raise the pound exchange rate from the current 2.78 to over 2.81, an increase of 500 basis points!"

Hearing this, the trader was stunned for a moment and said with embarrassment: "Sir, the Prime Minister has approved your foreign exchange reserves of 10 billion U.S. dollars in total. If you finish all the foreign exchange reserves in twenty minutes, what will you do with the remaining time?
Chapter completed!
Prev Index    Favorite Next