mibtel, the abbreviation of the Milan Stock Exchange Stock Index, was established in 1967 and is managed by Standard & Poor's and includes the forty largest constituent stocks on the Milan Stock Exchange.

It is the earliest stock exchange in Italy and the largest stock exchange in Italy.

The stock index code 9i0046 is composed of a comprehensive weighted average index.

Now, if Italian banks want to maintain the exchange rate of the lira, they must create all positive factors to counter the market capital shocks and capital outflows.

Capital is chasing profits. If you want to leave the capital that you want to leave, you can only have more returns. With the current economic environment in Italy, you can only raise interest rates to let capital see real benefits. However, raising interest rates will inevitably tighten the circulation of currency in the market, and capital flows into banks to obtain stable interest, and reduces the purchase of funds to drive stock prices. This is undoubtedly a substantial adverse factor for the securities market.

Moreover, if the Italian central bank wants to maintain the lira price, it needs to continuously sell out its foreign exchange reserves to purchase lira in the market, and it is impossible to take care of the securities market again. Otherwise, to stabilize the securities market, the price will be even worse due to the expansion of supply.

It can be said that the Italian central bank has no choice at all. As one of the core members of the European Community, it must choose to keep the price of the lira from falling below the lower track of the floating mechanism.

Then, the securities market can only be abandoned.

Bang-

Shen Jiannan snapped his fingers and gave Anna Seminovic a thumbs up.

"Anna. You're getting smarter."

Anna Seminovic is an assistant transferred by Yulia Sidorov from the Ministry of Finance. She has a hot body and a sweet appearance. Her fair skin makes her blonde hair look even whiter.

When she heard Shen Jiannan praise her, she raised her head and threw a big charming look, full of seductive smell.

"Sir. Is there any reward?"

Gudu—

Shen Jiannan swallowed exaggeratedly, and his eyes dripped on Seminovic.

"I have hundreds of millions of rewards ready at all times, but... I'm worried that your lady will kill you to death at night."

"What a guy who is terrified but not brave. But this time you pass. I will tell the lady to put away the scissors at the head of the bed."

"God. You women are so scary."

“…”

After some teasing, Anna Seminovic returned to the seat in the trading area. When she sat down, the sexy and hot enchanting girl suddenly turned into a frozen goddess with a frosty face, causing several other male ***ers to constantly complain in their hearts.

How can the difference be so big if you are both men?

"Boris. What's your look? Now, you're starting to work."

“…”

Milan is a world fashion and art center and a world historical and cultural city. At the same time, it is also one of the four major economic centers in Europe.

A large part of the reason why Italy was able to become the seventh economically developed country in the world during a certain period is because of the economic growth that Milan has made for this country.

This is the birthplace of world-renowned brands such as Armani, Versace, Prada, Dolce & Gabbana, Valentino, Moso, etc. It is also the second largest city in Italy. The GDP of the entire metropolitan area even accounts for 5% of Italy's GDP.

The autumn sun is extremely gentle. Standing on the outside of the stock exchange, the sun shines through the glass curtain wall on people, making people feel the comfort brought by warmth.

But warmth means heat and impatience. Looking at the super LCD screen hanging in the center of the trading area, Philip Inzaghi's heart was full of impatience.

mibtel,18680.56,-1.55%.

gruppo           generali,-2.33%

In a week, the mibtel index fell by 6%. With such a large decline, other constituent stocks will naturally not feel good.

Unfortunately, Philip Inzaghi bought the generali a week ago, and it fell 18% in the last week, which caused him to lose 10 million lira.

"It's really a hell. How could it fall so much?"

"Philipp. I told you that you are not suitable for investment, so you should play football with me. With your talent, I believe you can make more money."

"Carlo. You bastard, you fuckingly taught me to buy stocks. Now, you are the one who says I am not suitable for investing. I am losing 10 million now, do you know? That's 10 million."

"I don't know it would be so bad. Philip, give up. Now when we go back to play football with me, we can still make back the money we lost."

"No. It has fallen so much. It will definitely rise back. Where can it only fall but not rise? The government does not allow the stock market to fall like this. Those capitalists and families cannot let their wealth evaporate."

"What do you want to do?"

"Lend me 100 million."

"You want to increase your position?"

"Yes. I want to increase my position, but I don't believe that this damn stock market will keep falling."

"Philipp, I advise you not to do this. You will never end up betting on dogs."

"Carlo. Do you lend me money?"

"You're such an idiot. I bet you'll lose your underwear."

"This is impossible. It has fallen so much, so how can it rebound? It has never only opened the big one, not the small one..."

"The Virgin is above. This is my experience that I have summarized in ten years."

"You lend it to me. If I lose money, I promise to go back and play football with you."

“…”

Twenty minutes later, Philip Inzaghi walked back from the counter and looked at the details printed in his hand, a hint of relaxation appeared on his face.

After increasing his position by 100 million, he only lost nine percent now. As long as the market rebounds, he can quickly make back the lost money.

"Oh Maiga Philip, look at it."

“……”

gruppo                       892.15         666

gruppo                      891.15        666

gruppo                       890.23        666

gruppo                      889.15         666

.........

pirelli        s.p.a       672.15       666

pirelli        s.p.a       671.15       666

pirelli        s.p.a       670.15       666

pirelli        s.p.a        669.15       666

......

&e         nazionale         idrocarburi       1025.36        666

&e         nazionale         idrocarburi       1022.18         666

......

mibtel, 18680.56         66

mibtel, 18677.56         66

mibtel, 18674.56         66

......

mibtel, 18630.33

.....

Suddenly, on the super display in the central area, the red and green staggered plate background became bloody red, and dense numbers were like ants, crawling throughout the plate area.

As the numbers reflected red light were scrolling across the screen, the mibtel index fell from 18680 to 18603.88. The gruppo held by Philip Inzaghi                                                                                                                                                                                                                                       

Many of the people present were confused.

The Milan Exchange has been open for many years, but it has never been like now. In an instant, all stocks sold at such a scale.

The blood-red numbers were densely packed like locusts passing through the border, and the denseness made the scalp numb.

After being stunned for a full half minute, Philip Inzaghi came to his senses. He looked at the price of generali on the screen, and felt a ridiculous feeling that he had never felt before.

It's like there's a bastard staring at the money in his hands. Otherwise, why does his stock price fall every time he buys it?

Rome, Central Bank Transactions Department.

Qianpi looked at the intensive selling market again in the foreign exchange market, and his brows frowned tightly.

He knew that he might have thought too much.

At this time, it is impossible for anyone to help Italy. Britain hopes that Italy will be in trouble. If the lira is lost, the currencies of other countries will appreciate, and, due to pressure from all sides, Germany will inevitably have to lower interest rates.

For other countries, it is the best result to not participate in the one-step suppression of the lira now.

As for Germany, they must have wanted to see Italy embarrassed and eventually had to ask them for help and choose to surrender, just like fifty years ago.

They are all stubborn bastards.

Qianpi cursed in anger, but he had no choice but to do anything about it.

The weak have always been the best breakthrough point. This rule applies to any ecosystem. Compared with the UK, Italy can make too few choices.

Suddenly, the light on the other LCD screen seemed to be a little wrong. When Qian Pi turned around and saw it, she almost cursed her.

666.

All are 666.

It's fucking 666 again.

The foreign exchange market is 666, and the securities market is 666. What do these damn bastards want?
Chapter completed!