At 8:30 a.m., the moment the bank opened.
Huge crowds poured into places where foreign exchange signs were hung and long queues began.
This team, not only limited to small days, but also covers the entire state of Asia, and everything has the yen for the dollar.
Among them are Huaxia and Stick Country, Thailand and other countries.
It is a little troublesome, first exchange yen for national currency, and exchange national currency for US dollars.
In short, there is only one purpose, to exchange the yen in your hand for dollars.
The other team borrows yen on the Asian border.
Members of financial mobilization meetings across almost all of Asia have been mobilized, and this has been happening for three consecutive days.
Panasonic inside the hotel
Glory and Soros sat side by side, and on the table was freshly brewed tea.
"Are you still watching from the sidelines today?" This is also where Soros is most puzzled.
Small days of foreign exchange is about to dry up, as long as the glory ends, with the big capital in their hands, they can easily win the small days foreign exchange market.
"Don't underestimate any country, let alone the world's second largest economic power." Rong Guang picked up the teacup, blew it, and took a sip.
"You mean that Xiao Ri still has a back hand?" Soros wondered, this should not be.
The foreign exchange reserves of the small days have been cleaned by them.
In small days, the government has only about $60 billion in dollar bonds.
And the number of yen in Rongguang's hands is enough to break the yen exchange rate system in small days.
He didn't understand why Glory was still borrowing yen in a vigorous way.
Up to now, Rongguang has borrowed more than 100 billion US dollars worth of yen using the principle of leverage.
As long as the yen is returned to the bank before the time expires, Rongguang completes a complete transaction.
"First of all, you overlooked a key factor, which is that we are fighting against the whole country of Xiao Tian."
"Instead of the small day government!"
Hearing Rongguang's words, Soros instantly reacted: "You mean that the Xiaori Group Company will make a move?" "
"That's a bit of trouble!" Soros slowly stood up, after all, the glory fund is just a company.
The volume is not as good as any of the top three in Xiao Day.
If they strike, the terrifying financial power can easily crush them.
"That's right! The Higashi-Mitsubishi Group has a market value of $170 billion and has industries all over the world. "
"Higashii Honda and Higashii Toyota are both automobile businesses, foreign trade, and they have a large amount of dollar reserves in their hands."
"If the three group companies make a move, it will not be a matter of tens of billions of dollars!"
Rong Guang slowly put down the teacup and looked at Soros seriously: "This is a process of playing with a country, and any negligence will lead to the loss of previous achievements." "
The biggest loophole in the defeat of Soros on Hong Kong Island is to ignore the China behind Hong Kong Island.
China's US dollar foreign exchange reserves have always ranked first in the world.
Now Soros is doing things under his own hands, which naturally invisibly defuses the situation on Hong Kong Island.
"Shh~ that's why you frantically borrow yen in Asian banks and exchange it for dollars?" Soros's pupils shrank sharply and he gasped.
"Yes! Only when the chips are enough, can we choose to end, first let Goldman Sachs interest groups rush ahead, and consume the national strength of small days. "
"If my guess is correct, the Higashii Mitsubishi Group will end today."
"As for Higashii Honda and Higashii Toyota, they are small in size and should not enter so quickly."
"How many chips do we have now?" Rong Guang paused slightly, and turned his head to look at Soros.
"After three days of exchange, it should have borrowed about $100 billion, and the specific situation has not yet been calculated."
"But it's already at its limit, and it's already hard to borrow again."
Hearing the number reported by Soros, Glory nodded slightly.
Of course, banks can't borrow money endlessly.
The principal of Rongguang was only $47.8 billion, and after a round of leveraged lending, the central bank exchanged $45 billion in small days.
He was raising $88.3 billion.
Now it's about $100 billion, or $188.3 billion.
It has already quadrupled, and the multiplier is not high, but don't forget, they first borrowed yen and then exchanged it for dollars.
It is unsecured and borrowed solely on credit.
It's so much that the bank is afraid that you can't afford it!
Principle: By paying 10% of the deposit at the bank, you can borrow the corresponding proportion of yen.
For example, if you take $100 and go to a bank that can borrow yen, you can lend $1,000 worth of yen.
Equivalent to 10x leverage!
With the previous $88.3 billion, it is theoretically possible to lend $883 billion worth of yen.
But reality and ideals are different!
"Okay, let them stop, they can take the next action." Rong Guang thought about it, and then said with a smile.
"What's next?" Soros was a little confused, and he didn't remember the next step!
"Yen government bonds!" The corners of Rong Guang's mouth rose into a meaningful smile.
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