Chapter 230 Do you like to help each other?
On the second day of the Lunar New Year, the exchange rate market in the Kingdom of Os has not yet opened. A bleak atmosphere has completely enveloped the building. Everyone has a serious expression on their faces. They know very well that yesterday was just a small fight, and today's fight is the real highlight!
At 9:30, at the moment the market opened, hundreds of orders suddenly rushed in. As expected, exactly the same as Zhuang Ying estimated. Not only Fang Jueyu, but also many small forces are also staring at this piece of fat.
It is roughly estimated that in addition to the hundreds of billions of dollars that Fang Jueyu directly invested, the other funds also exceeded 50 billion US dollars, which is definitely full of competitiveness in such a game.
With sufficient preparations, the foreign exchange reserves of the Oss Kingdom directly increased their positions and pushed up, forcing this wave of offensive.
"It's interesting. These people have a big appetite. Not only do they want to bite a piece of meat from the Oss Kingdom, but I dare to make an idea?" Fang Jueyu stared at the battle situation, and the traders were also constantly reporting on the process. Through Xiao Yi, all the key information was passed into Fang Jueyu's ears.
"Since you're here, let's keep it all together! Spend money! Smash it to death!"
The confrontation of funds was originally hard to separate. Suddenly, a huge amount of 500 billion US dollars poured into the foreign exchange market of the Oss Kingdom, instantly breaking the original subtle balance!
"Five trillion US dollars?" Snart's back was wet all of a sudden. Who could afford such a huge sum of money? With the funds invested yesterday and the wave of offensives at the opening just now, the opponent's dollar reserves have exceeded 800 billion US dollars!
There are very few countries in the world with foreign exchange exceeding US$800 billion. How can this be something that individuals can do? Even those consortiums cannot do it. Who is so rich? Are they the American banks opened?
"What's going on? Where did you get such a large amount of funds? I can't hold on anymore!"
"Quickly, give me new funds, I can't save it here!"
"It's over, I've already lost my position!"
......
In an instant, the capital accounts of those small forces were in full swing, and the foreign exchange market was filled with sorrow. Many consortium organizations that wanted to take advantage of the situation were killed in just a few minutes.
"Host, this wave of profits is good. We have earned 41 billion US dollars, and the only thing left is some small fish and shrimp!"
"Hahaha! It's so exciting!" Now Fang Jueyu finally knew why the financial industry is so popular. This is simply a heaven of thoughts and a hell of thoughts. The winner makes a fortune, while the loser loses all his money. This is a bloody reality.
Unfortunately, Fang Jueyu's dictionary has not failed, and he has not tasted the taste of failure so far.
"Continue to smash orders. This time our goal is not these small financial organizations. The Oss Kingdom is our real goal this time!" Fang Jueyu slapped the table.
Boom! Another bombshell, Fang Jueyu gathered nearly two trillion US dollars in his hands, and just 800 billion is only half of them. More than 10,000 traders spent another $500 billion in the exchange rate market through various channels.
The entire market was in an uproar. Where did the money from this mysterious organization come from? How many countries' foreign exchange reserves have been hollowed out to concentrate so much funds? Did they steal the American money printing machine?
The 500 billion US dollars is like a nuclear bomb. The remaining international hot money that was struggling to resist and wanted to share the money was forcibly closed in an instant. It was not easy for them to use up to tens of billions of dollars. How could they resist such an attack?
"Minister, that mysterious organization spent another 500 billion US dollars in, we can't stand it anymore!" The traders reported layer by layer, and the news soon reached Snart's ears.
"Another $500 billion was poured in?" Snart's back suddenly became wet. The huge economic strength the other party showed was almost not much different from their total foreign exchange reserves.
"How is the situation now?" Snart asked.
"The exchange rate has dropped by 30% since yesterday. The foreign exchange we invested now has exceeded 80% of our US dollar foreign exchange. More funds must be injected immediately. If the opponent invests money in, we will not be able to deal with it!"
The total US dollar foreign exchange in the Oss Kingdom is about 1.400 billion US dollars. In order to withstand the opponent's offensive, almost more than one trillion US dollars were trapped. The opponent's offensive did not stop and they had no way to withdraw their investment!
Not only that, if there are tens of billions of dollars in, they will have no way to deal with those short orders. It is estimated that they will be forced to close their positions in a short order. By then, the trillion US dollars will lose at least more than 300 billion US dollars, and the remaining part will continue to be firmly trapped!
"Quick, find support. We need more foreign exchange. No matter what request they make, we will agree to it for the time being. The foreign exchange market cannot collapse!"
If a country's foreign exchange market collapses, the country's economy will basically collapse. International transactions basically use the US dollar as currency. If their US dollar is used up, it is natural to say what will happen next.
Not long after, a large amount of funds poured into the foreign exchange account of the Oss Kingdom again. The foreign exchange reserves of those countries were actually not large, but they still exceeded one trillion US dollars together. After all, they could not empty all of their foreign exchange.
"Host, as I estimate, the Oss Kingdom has now poured in several huge foreign exchange funds, with a total of more than one trillion US dollars." Xiao Yi told Fang Jueyu the news.
"Haha, I knew that the big brother was beaten up, how could you guys not come out to help?" Fang Jueyu smiled. The funds he could still use now increased by more than one trillion US dollars.
As of this morning, it is true that Fang Jueyu's funds and the exchange rate market have only 2 trillion yuan in total, but that was just the morning, and it was already afternoon. With the operation of the Fang family's huge power, the funds in Fang Jueyu's traders' hands have been increasing!
"Then let the Kingdom of Oss take a break first, let's change the target first!" Xiao Yi had already analyzed the possibility of someone fighting for aid, and it had already formulated a strategy.
You like to help each other so much, right? You have lent all the foreign exchange to the Oss Kingdom, so you probably don’t have much left, right?
"Xiao Yi, which of those twelve countries now has the least dollar foreign exchange?"
"Host, most of those countries are European and American countries. Most of the international transactions are now in US dollars and euros, so they don't need too much reserves. If you want to use money, just turn on the printing machine. The one with the least reserves for the time being should be Vis."
"Wiss' dollar foreign exchange is now less than 300 billion US dollars, and more than 80% of the banks there are in our hands. We want to kill them, hehehe..."
Chapter completed!