You know.
India.
However, they owe a lot of foreign debts and do not have much foreign exchange reserves. When they undertake these projects, they will certainly not take Indian rupees and convert them into foreign currencies.
So it is.
India's foreign exchange reserves must be consumed.
In the short term.
It's not obvious.
However.
With a few more such projects, the accumulated exchange pressure will be close to 50 billion US dollars. This money is not a regular trade.
It's a one-sided exchange.
At that time.
India may introduce some policy restrictions. However, at the thought of being supported by the Bank of Myanmar group, the major enterprises feel relieved.
They.
It's not one person fighting.
There is something in it.
India should not dare to mess.
。。。
Right now.
As they think, the Indian authorities are also aware of this problem. Once or twice, India's foreign exchange reserves can hold up, but if it comes a few more times.
It must be tight.
Yes.
Now.
India's foreign exchange reserves are over 200 billion US dollars, but we can't just look at the figures. There are too many immovable and non trade urban construction projects.
It's not you who come and I go.
It's a one-way draw.
So.
This expenditure will have a huge impact on the structure of India's foreign exchange reserves, and even a chain reaction, affecting the exchange rate market.
It's very troublesome.
Average.
If foreign enterprises make so much of their money, they will certainly introduce policies to restrict it. But the Bank of Myanmar group can only discuss.
Just right.
Today.
Zero also came to the scene.
"All right."
"For this project, we can use Asian dollar instead of cash, but only half of it will be cashed. You still need to pay for other foreign currencies."
Listen.
The president of India is very happy.
"Good."
"Thank you. Thank you so much."
Half.
That's enough.
This has reduced the pressure on him, and it's not impossible for him to increase the proportion by half this time and a little bit next time.
Just let it go.
Everything.
It's all easy to do, and he has no choice. India's foreign exchange earning capacity is so poor that there is almost no Asian dollar reserve in hand. Some of them are used to pay off debts.
What kind of debt?
That's a lot.
Medical loans are a big one.
Every year.
The treatment of cancer patients in India is a huge expense. Although a considerable part of the money is paid by patients, the patients give rupees.
Obviously.
They have to be converted into Asian dollars or other foreign currencies. Because there are too few ways to earn Asian dollars, India earns less than half of those as medicine expenses.
Helpless.
Depressed.
There are too many popular products in Myanmar.
Finally.
As a result, India's Asian dollar reserves are pitifully small. It can only earn money by exporting some raw materials, and most of the time, it is paid in US dollars.
Heartache!
。。。
Now.
India is happy.
It's just that.
They don't know. There is another happy person, Tang Qing. In this case, the trade volume generated by this part of the project is calculated as Asian dollar.
As for why not take it all?
Silly!
Now.
From India's point of view, it's interesting for Myanmar to help. You've helped all at once. How can you talk about it next time? You can't give me dates that are too sweet.
Otherwise.
The other side may gain an inch.
。。。
That day.
The delivery of loy city has made headlines all over the world. Due to its opening at the beginning of this month, major social networking sites and live broadcast platform anchorperson.
Get the news out early.
Today.
It was actually completed.
All of a sudden.
The heat of the whole news, to the peak, attention. In particular, those who have raised funds to build cities are looking at them one by one.
Calculate.
India is the only one to build this project.
Roy.
Roy city.
Although it's a "mouse" in nature, it's undeniable that it's well built. Not surprisingly, the second country to complete the project is the DRC.
People are watching.
Bian Zan.
"It's the design of the Bank of Myanmar group. It's never disappointing.""Yes
"Beauty
"It's nice to have a unified style. This is what a modern city should look like. It's estimated that India is very depressed. The most beautiful city is foreign design."
"Ha ha!"
"In fact, what does it matter? As long as it's good. "
"Yes, too."
“。。。”
"Last year, I started to set up projects one after another. I looked at the completion tables of other urban construction projects and found that from next month, there will be projects completed every month."
"Some finished two or three in a month."
"Great
"It blooms everywhere."
“。。。”
Seeing the spread of the timetable, countless people exclaimed --- so fast, like dumplings. After more than a year's accumulation, one city a month.
How exaggerated!
Right now.
A lot of people realize how many projects the Bank of Myanmar group has done in 40 cities with an average of 50 billion Asian dollars each.
That's it.
---Two trillion!
God.
How big a deal is this? In fact, up to now, many people can't believe that these projects are only undertaken by the Bank of Myanmar group.
One word.
Cow!
This represents not only strength, but also trust. We believe in this enterprise, which is the only way to invest funds in such a project. Otherwise?
Is there any other explanation?
The point is.
All this.
Maybe it's just the beginning. For example, in India, when loy city is built, loy city project comes out, loy city is built, and another big list falls down.
If.
It happens in other countries as well.
“。。。”
So far.
Silence.
Countless people are shocked by what this means. They know very well that the Bank of Myanmar group will rely on this model to make money all the way.
Terrible!
Snowballing like this.
God knows.
In the end, I will push this "City loan", which was once thought to be a loss, into a project of what size. I think of the loan to the city of suroi in India.
I'm not optimistic.
However.
Who knows.
After loy city was built, Myanmar even launched a fund-raising project to build the city on this basis, which made a big change in the "City loan" model.
Instant.
It has gained unprecedented momentum.
Capital.
Individuals.
You can come in.
Many people can't believe it. When is it that easy to collect money? But no matter how skeptical these people are.
The Bank of Myanmar group succeeded.
Money.
It's real money.
City.
It will soon stand all over the world, and even have formed a brand effect. As long as the Bank of Myanmar group is launched, major capitals will rush to it.
It made many people's eyes red.
However.
We can only look at it. We can't eat it. This cake was made by the Bank of Myanmar group and major capitals of various countries. It has already formed an interest group.
If it can't kick out of the Bank of Myanmar group, it will choose deep cooperation. In this way, the umbrella of the project is amazing.
The future.
The country's big capital.
Bank of Myanmar group.
And numerous upstream and downstream enterprise groups will protect this cake and maintain this system around this huge interest group.