Chapter 1170: Exchange Tide (Subscription Requested!)
The previous one.
Lang Cai is not good at making evaluations.
But the heart is uncomfortable.
But.
For the establishment of the stock market.
He agreed with both hands that at present, the financial industry in Myanmar can be regarded as 'rudimentary', with only banks. Any country that has a bit of a quest can not open up free currency exchange.
But there will definitely be a way to tie up the stock market.
He had also considered it before, but Burmese was an agricultural country at that time, the domestic industry was almost zero, and there were almost no companies to go public if it was opened, and if there were only a few stocks, it would be a slap in the face.
Now.
Don't have too many businesses that qualify.
Not to mention the large number of high-quality enterprises in Myanmar and Asia, there are many new and good enterprises, and after the zero, a large number of state-owned enterprises in Myanmar have been reorganized, and management has been optimized, and they have gradually become high-quality assets.
Arguably.
This time opens.
Just suitable.
"Father, should our company also go public?" Lang Cai's eldest daughter was a little moved, going public is much better than a bank loan, the bank loan has to be repaid, and the listing financing does not have to be repaid.
"If you need it, you can go up, and if you don't need it, you won't go up. Lang Cai said.
"Oh. ”
At this time, Lang Cai seemed to understand a little bit in his heart why Zero wanted to open the stock market, in order to stabilize the value of the Asian dollar and ensure the smooth replacement of the Asian dollar and the Kyat dollar after the Asian dollar replaced the Kyat dollar.
He also saw one thing.
Zero is likely to expand the size of the money print.
Stock market.
In other words, the financial market is a pool of funds, which can suck in the over-issued currency, reduce the risk of inflation, and the money will go back and forth in the financial market, and will not run around and cause prices to rise sharply.
The more developed the financial industry is.
The better it works.
If he is zero, after having the transcription stock, since his country itself has a commodity that the whole world cannot refuse, then its currency will have an attractiveness, because at least it can buy medicine.
If that's the case.
Zero will definitely expand the issuance scale of the Asian dollar, print money by himself, and go to the international market in exchange for everything he needs, thinking of this, Lang Cai is envious, when he was in power, few countries recognized the Burmese dollar.
It is only used in a small range in Southeast Asian countries, and the main trade still relies on the US dollar and the yen to settle, and now, the status of the Asian dollar in regional trade settlement is something he could not think of before.
Asian dollar.
Zero ambition.
You can tell from the name.
is to make a difference in Asia, not limited to one country and one place, relatively speaking, the Burmese dollar does have limitations, but he doesn't know that Tang Qing's goal is to squeeze the dollar down.
。。。
Broadcast of the news.
Some people rejoice, some people are sad.
Rejoice.
Ordinary people rejoice, because they have more investment channels, otherwise, the money is stored in the bank, and the interest is really a little less. The company is also happy that it can go public to raise funds and expand its influence.
Worried.
Many people's assets can't be hidden.
Before.
A lot of problematic money was hidden, and when they saw the sharp depreciation of the kyat, they did not dare to exchange it. For example, some government workers in Burmese and other sources of illegally obtained funds.
If you take it out and exchange it for Asian dollars.
It will definitely leave traces, and now, although Zero has not restricted them and their families from running a business, the crackdown on illegal collection of money is quite strict.
Your family is in business.
Earned money.
It's no problem to give you flowers, but if it's a benefit, then it's a different matter, zero's hand is not soft, even if you use your position to benefit your family and give the project.
But.
Collect money to do things.
Absolutely not allowed.
Some people say, isn't this a change of soup but not a change of medicine? It's all public power and private use, but there is no perfect system in the world, and there are no perfect people, as long as it is not too much and does not increase government expenditure, it is not a big deal.
A million items.
You can do it well with a million.
No problem.
can be made into 1.1 million, then no one is to blame, therefore, even if many people favor their own people, as long as it is not too much, it is not considered to destroy the system, fairness, it is always relative.
Otherwise.
The first thing to catch is zero.
Because of the Bank of Mameina Group.
It's a behemoth that can't be bypassed. Now it's a crazy rentier, everyone sees, you eat zero fat and dungeon, we eat bran vegetables, in that case, it's a little too ugly.
The hearts of the people are scattered.
It's not easy to bring a team.
。。。
It's been less than an hour since the news aired.
The official website of the central bank of Myanmar has processed nearly 100,000 currency exchange requests.
Less than an hour.
Let the central bank of Myanmar receive nearly 400 billion Asian dollars worth of kyats, these are digital currencies, not cash, their final destination is to be returned by the central bank of Myanmar... Clear.
Currency.
That's how it works.
The value comes from the country's sovereign credit.
Abandoned currency.
Worthless, all the Kyats exchanged back will be cleared in this way, and from now on, the liquidation of the sovereign currency of Myanmar will be transferred to the hands of the Bank of Myanmar.
And the paper kyats that were recycled.
There is also only one fate.
Destroy them all.
This time the Asian dollar replaced the Kyat.
Except for some people with feelings.
The employees of the central bank of Myanmar were very happy.
Because they are not unemployed, and their wages are not a penny, what is there to be sad about, and as for power, the central bank is not an ordinary banking institution, and it has no real economic power.
Print more money.
It is also given to the following commercial banks.
It has nothing to do with them, and if you want to talk about actual power, or oil and water, even Ke Xiao, the governor of the central bank of Myanmar, may not be as good as the small governor of a county in the bank below.
Case.
Sad for what?
Even the former governor Ke Xiao is still the president, but from now on, the function of the central bank of Myanmar has become the policy research and advocacy department of the Bank of Myanmar, and it does the same thing as before.
。。。
The next day.
As soon as the day dawns.
Outside the Special Economic Zone in Myanmar.
There are queues outside the banks in major cities, not everyone can access the Internet, the penetration rate of computers is not high, and the vast majority of people can only come to the bank to apply for exchange business.
It stands to reason.
Why don't you exchange all the money in everyone's bank card for Asian dollars at once, so that the problem will be solved overnight?
However.
If you think about it this way.
It's a bit overlooked to have another purpose for this exchange.
--- clean up problematic accounts.
This time, the Kyats in the bank card, when applying for exchange, need to provide identity documents, so that a large number of illegal accounts and dead accounts will be exposed.
Like what.
A person's illegal gains.
This money.
He may not have an account in his own name, it may be someone else's account, you know, generally banks only need to provide identity documents when opening an account, and they will not need to do so in the future.
Right now.
If the other party wants to exchange the money, they have to use their ID cards again, yes, many people can provide identity documents, but there will always be a part of the illegal gains that will be frozen in this way.
As for frozen money and money in dead accounts.
Forehead.
It didn't help either.
For an institution that can print money, the significance of these things is only to help stabilize the economic order, crack down on economic crimes, sort out internal accounts, improve account classification, and facilitate management.
As for bringing flowers?
Forget it.
Reprinted.
It's nothing more than typing one on the computer, and then thinking about how many zeros are knocked in the back.