Sir Norman looked at the pound exchange rate chart in front of him, his face turned gray.

The pound exchange rate of 2.7320 was like a slap on his face, all his pride and hope were instantly wiped away.

My whole face was in burning pain, and my whole body was weak and weak.

Sir Norman's figure swayed and he subconsciously fell backwards.

When the secretary saw this, he quickly helped Sir Norman, thus preventing the head of the Central Bank of the British Empire from causing a huge embarrassment.

Seeing this scene, everyone's expressions became extremely ugly, as if the pillar in their hearts collapsed when Sir Norman fell.

There was dead silence in the trading room, and even the chirping of crickets outside the window could be clearly heard.

After a long time, someone finally couldn't help but said: "Sir Norman, what should we do now?"

Hearing this, everyone's eyes lit up, and they all looked at Sir Norman eagerly. At this moment, Sir Norman can't fall!

At this moment, when the pound is precarious, uncertain, and may fall into the abyss at any time, not only they need it, but the British Empire needs it, and all the people of the British Empire also need Sir Norman to stand up and turn the tide.

If this veteran who has worked at the Bank of England for more than 40 years and witnessed the pound devaluing by 40%, slipping from its position as a world currency, and being replaced by the US dollar, all collapse, they may be even more helpless.

"Now, don't move. We can only ask Prime Minister Major for instructions first."

Sir Norman supported his secretary's arm and stood up unsteadily.

The situation in front of him was completely unexpected by him.

It's so miserable!

It was much worse than the worst ending he expected!

In just one or two minutes, the exchange rate that he had just raised by more than 200 basis points dropped by more than 800 points.

He can say with certainty that the other party has used at least more than 20 billion US dollars in funds, otherwise it would not have been possible to achieve such a result.

How many pounds are short in the hands of the other party?

Eighty billion dollars?

Ninety billion dollars?

Or even $100 billion?

Anyway, it would take a minimum of 80 billion US dollars to short the pound. After all, according to his calculations, from last night to now, the other party should have spent nearly 30 billion US dollars, and now he can spend 200 billion US dollars without hesitation.

Billions of dollars.

He wouldn't believe it if the other party didn't have more than 80 billion US dollars in hand.

Can't he always feel that the other party will make a desperate move at this moment and put all the chips on the gambling table?

Shouldn't this be something that only a loser like him would do?

Immediately afterwards, a bitter smile appeared on the corner of Sir Norman's mouth. He only received 20 billion U.S. dollars and raised bank interest rates by 2%, but he had to face at least 80 billion U.S. dollars of capital and the sluggish British economy.

, the pound exchange rate is artificially high, these three mountains.

He really feels that it is so difficult for him!

And at this time, the only option is to hand over the problem.

Anyway, he is completely helpless about the situation in front of him. After all, he has not yet disbursed the foreign exchange reserves in his hands. Even if he invests all the foreign exchange reserves of less than 6 billion US dollars now, he will not be able to raise the exchange rate of the pound to above 2.7780.

In addition, the exchange rate of the pound has now fallen below 2.7780, and it has reached the point where he needs to face the issue of withdrawing from the European exchange rate system. He must tell Prime Minister Major.

After dialing No. 10 Downing Street, Sir Norman quickly informed Prime Minister Major of the situation he was facing and all the changes that had occurred.

Upon hearing that the pound exchange rate had broken below 2.7780 and even reached 2.7320, Prime Minister Major instantly felt his blood pressure rise rapidly and became dizzy.

The thought of withdrawing from the European exchange rate system, which he has always supported and promoted, makes him feel like he is going crazy.

After a long time, Prime Minister Major was heard shouting loudly: "Inform the Minister of Finance, the Secretary of Foreign Affairs, and all cabinet members to drop everything they are doing and come to a meeting. Now the problem of the pound has reached a point where it must be resolved immediately."

After saying this, Prime Minister Major hung up the phone in his hand and walked towards the conference room. He didn't care about Sir Norman at all and was still on the other end of the phone, waiting for his instructions.

He was completely disappointed with Sir Norman. He spent more than 10 billion US dollars of the British Empire's foreign exchange reserves and actually let the pound exchange rate drop to 2.7320.

And still, within just a few minutes, he had just announced in public that he would boost the pound exchange rate and increase the bank deposit exchange rate.

Now he thought about what he had just said in front of so many media and even the whole world: "The pound will never be knocked down so easily! The British Empire will never be knocked down so easily! There is no basis for the fall of the pound. Now everyone is seeing

Everything I see is just the result of human manipulation!" and a series of words.

These words were like slaps hitting him hard on the face one after another.

He could even imagine how people around the world would laugh at him after knowing what the pound was like now.

He did not remove Sir Norman from the position of Governor of the Bank of England now because of Sir Norman's previous hard work and achievements.

Of course, the most important thing is that he still needs Sir Norman. No matter what he plans to do next, he will need Sir Norman to operate it.

Listening to the busy tone on the phone, Sir Norman's face turned pale. He really felt like he had been ruthlessly abandoned.

The sense of heroism I had in my heart before disappeared without a trace in an instant.

Bullshit hero!

Those damn politicians!

Immediately afterwards, a rage burned in his heart!

FUCK!

The reason why he was so difficult was not because he was wiping Major's ass.

If Major had not been incompetent, Britain's economic development would not have become worse or even declined during the two years he was in power!

If Major hadn't insisted on pushing the pound to join the European exchange rate system and peg the German mark to prevent the exchange rate from floating at will, he would have already suggested lowering the pound's exchange rate.

Although the depreciation of the pound exchange rate will cause problems such as an overall decline in national wealth and an increase in the price of imported materials, the same depreciation of the exchange rate will also increase the export competitiveness of British goods. On the contrary, it will be a great promotion for the development of the British economy, and the advantages outweigh the disadvantages.

That's right.

It is precisely because of the various consequences caused by Major that the current crisis of sterling being targeted by financial giants has emerged.

Otherwise, as the original empire on which the sun never sets and the global hegemon, how could the British Empire be something that some petty thieves would dare to make plans for?

The result was great, Major actually dared to hang up the phone on him so silently and embarrass him.

This is really unreasonable.

Now, he really wants to give up completely and let whoever wants to clean up this mess clean it up.

But after standing there for a long time, Sir Norman finally sighed and walked towards the trading room. How could he give up and completely abandon the pound.

He can't do it!

Really can't do it!

Moreover, he was praying secretly in his heart at this time, hoping that Major and the cabinet ministers could actually come up with a reliable method to save the pound exchange rate.

This is the last chance for the pound exchange rate!

At the gate of No. 10 Downing Street, the media reporters who had not really dispersed suddenly saw that the cabinet ministers who had just left had returned, and each of them looked solemn, as if something big had happened.

And then, the Home Secretary, the Chancellor of the Duke and County of Lancaster, the Lord Chancellor and Justice Secretary, the Secretary of State for Business, Energy and Industrial Strategy, the International Trade Secretary and Chairman of the Trade Committee, ministers and other big figures also came to Downing Street.

At the door of No. 10, the expressions are the same as those of the Minister of Finance and the Minister of Foreign Affairs.

This was good news. All the media reporters stopped packing their machines, and instead pointed their cameras at the door of No. 10 Downing Street again. They called friends and called back their colleagues who had just left.

Now it no longer seems like something big has happened, but that something big has indeed happened!

Even if someone told them now that World War III has begun, they would not be surprised.

Not long after, news came that the pound exchange rate fell below 2.7780, and even fell to 2.7320, and many media reporters suddenly realized this.

No wonder these important cabinet ministers have such faces.

However, this is too much of a slap in the face.

If we really count this, the time when the pound exchange rate fell was probably not even fifteen minutes from the time when Prime Minister Major announced an increase in the British bank deposit exchange rate.

They can even imagine Prime Minister Major being furious.

At this time, not only the United Kingdom, but almost everyone around the world who cares about finance and politics has their eyes fixed on the door of No. 10 Downing Street.

They know very well that when the door opens again, it will be the moment that truly determines the fate of the pound.

As for European countries such as Germany, France, the Netherlands, Belgium, Luxembourg, Denmark and Ireland, members of the European exchange rate system have all called the UK to express concern about the pound exchange rate and are willing to provide certain support.

If the pound really withdraws from the European exchange rate system like the Finnish mark and the Italian lira, it will basically declare that half of the European exchange rate system has collapsed.

After all, although the German economy is strong, in terms of currency usage share in the international market, the pound is still far higher than the German mark. After all, the pound is the former world currency and is now the second largest currency in the world.

A considerable number of relatively cautious foreign exchange speculators are also keeping an eye on No. 10 Downing Street and have yet to join in the massacre of the pound.

After all, they still have doubts and feel that Britain should not fall so quickly, in case there is still hope of counterattack, not to mention that all countries in the European exchange rate system have already taken action.

At this time, upstairs at the Quantum Fund, Zhu Changhong was listening to his subordinates' report on the latest actions of the British government, and then looking at the pound exchange rate chart in front of him, he couldn't help but curl his lips with a sneer.

"The mantis blocks the car, and the earthworm shakes the tree. It's ridiculous." Zhu Changhong sighed quietly.

"You don't think highly of the British at all?" the subordinate couldn't help but ask.
To be continued...