Chapter 2300

This meeting.

The results are gratifying.

First of all.

On the basis of the original. Myanmar will, in accordance with the agreement, increase its loan line in accordance with the term of its accession to the WTO. Although it's not much, it's only more than 1.2 billion yuan.

But.

It's also a harvest.

At the same time.

It also sends a message that Yayuan is going to print money again. In this regard, all countries do not think that there is anything wrong. Printing money is not terrible, as long as the purchasing power is there.

In general, the state printing money.

First.

Exchange rate.

If there is too much money, it will be worthless and the exchange rate market will fluctuate.

Second.

Inflation.

It's the same reason. Both internal and external influences are unpredictable. However, if the exchange rate is not free to fluctuate, but in Myanmar, the central bank rules.

So.

It's easy.

As for inflation, money is not worth money, and the transformation of motorcycles into bicycles has not changed much under Myanmar's strong price control of basic raw materials.

Raw materials don't go up.

Eat.

Drink.

Use.

Most consumer goods will not make the money in the hands of the people less and less valuable. It can be said that this is almost the only one in the world.

As for North Korea?

Forget it.

There is almost no normal commodity economy there. No matter how strict the material control is, how can inflation come?

So.

Like Myanmar, there is really no other country to control the price of basic raw materials and realize the influence on the price of upper class goods step by step.

If you want to follow suit, you can't follow suit.

The price control of raw materials alone means that a considerable number of raw material enterprises in the whole country are controlled by the state or have subsidies.

Obviously.

It's too hard to learn.

。。。

Second.

Zero announced at the meeting that by the end of the year, the Asian dollar will steadily appreciate by about 5%. This operation is blinding.

What is the significance of this statement.

Not so much.

That's the representative.

Just hold the Asian dollar. By the end of the year, there will be 5% revenue. This is of little significance to the Burmese people. But for foreign countries.

It's important.

Because it's higher than the interest rate of the deposit bank. This has greatly enhanced the popularity of Asian dollar abroad, and more people are willing to hold it.

。。。

Huaxia.

Seeing the news, many shareholders were shocked.

Happy!

"Five percent? How about going up again? "

"Cool

"The heroic spirit, Burmese gives money again."

"Ha ha!"

“。。。”

This means that the money is now transferred to Myanmar stock market. Even if you lie still, you will get 5% interest a year. It's higher than the bank.

All of a sudden.

The abacus rings.

Do it!

"Turn around some of your spare money and lie down and earn five percent."

"I feel that Myanmar stock market is going up."

"Sure."

"Another wave of calf market is coming."

“。。。”

If they can see the spread, how can others not? Once big money flows into Myanmar from abroad, the only place to go is the financial market.

The stock market.

Bond market.

It's bound to go up.

So.

The money most people turn around is not lying there, but buying into stocks. I want to make a small profit in this wave of calf market.

However.

There are also some hesitations.

"Really? Is it reliable? "

"I'm sure it's reliable. If you don't say it yourself, can it be false? They own the Bank of Myanmar group, and it's said on such an important occasion. "

"There are so many big men who have witnessed it. I'm sure it won't be free talk."

"That's it."

“。。。”

These doubts were soon suppressed by public opinion. If others say so, they may still hesitate. But who is it? The president of a country.

The founder of the Bank of Myanmar group.

What he said.

In Burma.

It's the law.

It's the law.

When it comes to an increase of 5% at the end of the year, that's 5%. The central bank decides the exchange rate. You can exchange as much as you can.

I didn't run.

So.

A lot of people are following. Five percent, much higher than the domestic deposit rate. And the stock account is a little better, that is, there is no charge for in and out.

Only by buying and selling stocks can transaction costs be incurred.For a while.

Personal capital is pouring into Myanmar stock market.

。。。

Again.

It's the same with big capital. Investment institutions with financial licenses in Myanmar have mobilized funds one after another. Five percent is enough to attract them.

10 billion dollars.

500 million a year.

The truth.

It's already a good return on investment. The key is stability, no risk. It's just a little helpless. There's a ceiling on the amount of money they can get in.

Want to brush Asian dollar arbitrage.

Yes.

But the scale is limited.

That's right.

In their view, Myanmar's main purpose in doing so is to build up its confidence in Asia. It's not for whom to arbitrage. All parties are allowed to arbitrage a hundred and eighty billion yuan.

But more.

Don't think about it.

。。。

For a while.

The influx of capital from all sides, together with the Myanmar stock market ushered in a wave of gains, almost all the red. How many people are envious and jealous.

At present.

Chinese and Burmese stock exchange, people from other countries want to invest, temporarily unable to open a transnational account, can only find investment institutions. It's very troublesome.

So.

It's not good.

They can't do it.

Of course.

There is also a way to hold Asian dollar cash. It's also an investment to raise the price by 5% a year. There are still a lot of people doing this.

。。。

India.

North.

Roy.

Because of its close distance and close proximity to Myanmar, it directly became a semi Asian yuan circulation area. The whole city can be paid in rupee and Asian dollar.

What's more.

The latter is more popular.

The merchants are very happy to receive Yayuan. Because the Asian dollar is stable. Keep going up.

Its value.

It is accepted by more and more people. Because it is located at the border, many Indians will change a lot of money into Asian dollars to keep it.

As for the dollar?

Forget it.

It's more difficult to make. Most families can't see it. Yayuan is much easier.

It turns out.

They made money.

In recent years, although the Asian yuan has increased by 30% compared with the RMB, the exchange rate of the Asian yuan against the rupee has increased by more than 40%.

In short: the rupee is falling.

Don't think about it.

It must be in foreign currency.

Even.

Due to the large amount of private holdings, exquisite printing, and no counterfeit money. In the daily monetary payment of loy City, the proportion of Asian dollar is increasing.

In response.

Naturally, the Indian authorities will not sit idly by.

However.

Don't forget.

Who are the people who live in Roy? Who are the investors? It's the big capital and families that have a huge influence in India.

Obviously.

They are also willing to earn Asian dollars.

After all.

If immigration is mandatory, the Asian dollar can only flow into the Central Bank of India. They can only accept the devalued rupee in their hands. How can they do that?

So.

Under the interference of various forces.

The Indian authorities can only give up, but only allow this place to be so whole, which neither punishes nor encourages, between legal and illegal.

If Asia dollar circulates in other places, it will definitely be hit. What's more, domestic legal tender is also a kind of national sovereignty.

So.

Every country's currency has a general name: sovereign credit currency.

Unless the domestic monetary system collapses.

Otherwise.

Foreign currency will not be allowed to circulate.