Chapter 2300

This meeting.

The results were gratifying.

First of all.

On the original basis. Myanmar will, in accordance with the agreement, increase its loan line according to the length of its accession to the WTO. Although it is not much, it is only about 1.2 billion Asian dollars.

But.

It is also a kind of harvest.

At the same time.

It also sent a message that Yayuan is going to print money again. In this regard, countries do not think there is anything, printing money is not terrible, as long as the purchasing power is on the line.

In general, the country prints banknotes.

First.

Exchange rate.

More money, naturally worthless, the exchange rate market is bound to fluctuate.

Second.

Inflation.

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

So.

It's easy.

As for inflation, money is not worth the money, and motorcycles have changed little under Myanmar's strong price control of basic raw materials.

Raw materials do not rise.

Eat.

Drink.

Use.

Most consumer goods will not make the money in people's hands less and less valuable. It's almost the only one in the world.

As for Hanbei?

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, it is true that no other country has done so from the perspective of price control of basic raw materials to gradually realize the impact on the prices of upper level commodities.

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

Raw material price control alone means that a considerable part of the country's raw material enterprises are controlled by the state or have subsidies.

Obviously.

It's too hard to learn.

。。。

Second.

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

The meaning of this statement.

It's not ordinary.

This represents.

As long as you hold the Asian dollar. By the end of the year, there will be five percent of the revenue. This is of little significance to the Burmese people. But for foreign countries.

It's important.

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

。。。

Huaxia.

Seeing the news, many investors were shocked.

Happy!

"Five percent? Will it go up again? "

"Cool!"

"Arrogant, Myanmar gave money again."

"Ha ha!"

“。。。”

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

Suddenly.

The abacus rings.

Do it!

"Transfer some of your spare money and lie down to earn five percent."

"It feels like Myanmar shares are going up."

"Certainly."

"Another wave of the bull market is coming."

“。。。”

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

Stock market.

Bond market.

It will certainly rise.

So.

Most of the money that people turn over is not lying there, but buying stocks. I want to make a small profit in this wave of calf market.

But.

Some hesitated.

"Really? Is it reliable? "

"It must be reliable. If you say it yourself, you can still have a fake? They are in charge of the Bank of Myanmar group, and they say it on such an important occasion. "

"So many big men witness, certainly can't be nonsense."

"That's it."

“。。。”

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

Founder of the Bank of Myanmar group.

His words.

In Burma.

It is the law.

It's law.

When it comes to the year-end increase of 5%, that is 5%. It is the central bank that decides the exchange rate. You can exchange as much as you can.

It's not running.

So.

A lot of people followed. Five percent, much higher than the domestic deposit rate. And the stock account has a little good, that is, there is no charge.

Only by buying and selling stocks will transaction costs be incurred.For a moment.

Private capital is pouring into Myanmar shares.

。。。

Again.

The same is true of big capital. Investment institutions with financial licenses in Myanmar have mobilized funds. Five percent is enough to attract them.

Ten 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 go in.

Want to brush Asian dollar arbitrage.

Yes.

But the scale is limited.

Yeah.

In their view, the main purpose of Myanmar's action was to build up yawon's confidence. It is not for whom arbitrage is allowed. All parties are allowed to arbitrage 180 billion yuan.

But more.

Don't think about it.

。。。

For a moment.

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

At present.

Chinese and Burmese stock exchanges, people from other countries want to invest, so they can't open cross-border accounts for the time being, so they can only find investment institutions. It's very troublesome.

So.

This is good.

They can't catch on.

Of course.

There is also a way to hold Asian dollar cash. An increase of 5% in a year is also an investment. Many people have done so.

。。。

India.

North.

Roy.

Because of the short distance, it became the currency area of Myanmar. The whole city can pay in rupees and Asian dollars.

And then.

The latter is more popular.

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

Its value.

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

As for the dollar?

Forget it.

It's hard to get it. Most families can't see it. Yawon is much easier.

It turns out.

They made it.

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

In short: the rupee is falling.

Don't think about it.

It must be changed into foreign currency to keep the value.

Even.

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

In this regard.

Naturally, the Indian authorities will not sit idly by.

However.

Don't forget.

Who are the people in loy? Who are the investors? That's big capital and families with a huge influence in India.

Obviously.

They are also willing to make Asian dollars.

After all.

In case of compulsory exchange, the Asian dollar can only flow into the Central Bank of India. They can only take the devalued rupee. What's the deal?

So.

Under the interference of various forces.

The Indian authorities can only give up, but only allow this place to be so integrated. It does not punish or encourage, which is between legal and illegal.

If the Asian dollar circulates in other places, it must be hit. No matter how to say, the legal tender of the country is also a kind of national sovereignty.

So.

Each country currency has a general designation: sovereign credit currency.

Unless the domestic monetary system collapses.

Otherwise.

Foreign currency will not be allowed to circulate.