Rebirth of the Super Banking System

Previous.

Langcai is not easy to make an evaluation.

But my heart is uncomfortable.

but.

For the establishment of the stock market.

He agreed with both hands. At present, the financial industry in Myanmar can be regarded as ‘simplistic’, with only banks. Any country that is pursuing a bit can not open up its currency to be freely convertible.

But it will definitely find a way to build up the stock market.

He thought about it before, but Myanmar was an agricultural country at that time, with almost zero domestic industry, and almost no company would be listed when it was opened. If there were only a few stocks, it would be a slap in the face.

now.

Don’t have too many qualified companies.

Not to mention the large number of high-quality companies in the Myanmar-Asian department, there are many new good companies that have emerged. In addition, after the increase in zero, a large number of state-owned companies in Myanmar have been reorganized, optimized management, and gradually become high-quality assets.

It can be said.

Open this time.

Just right.

"Stock market? Father, should our company also go public?" Langcai's eldest daughter was a little moved. Going public is much better than bank loans. Bank loans have to be repaid, and listing financing is not required.

"If you need it, you can go, but if you don't need it, you won't go." Lang Cai said.

"Oh."

At this time, Lang Tsai seemed to understand why Zero opened the stock market in order to stabilize the currency value of the Asian dollar and ensure the smooth replacement of the Asian dollar and the kyat after the Asian dollar replaced the kyat.

He also saw one thing.

Zero may want to expand the scale of printing money.

stock market.

In other words, the financial market is a pool of funds that can draw in excess currency to reduce the risk of inflation. Money goes back and forth in the financial market and will not run wildly to cause prices to rise sharply.

The financial industry is more developed.

The better the effect.

If he is zero, after possessing the transcription stock, because his country itself has commodities that the world cannot refuse, then its currency will be attractive, because at least it can buy medicine.

If so.

Zero will definitely expand the scale of the Asian dollar's issuance, print money by itself, and go to the international market in exchange for everything he needs. Thinking of this, Lang Tsai is envious. When he was in power, few countries recognized the kyat.

In Southeast Asian countries, it is only used on a small scale, and the main trade is still settled in the US dollar and Japanese yen. Now, the position of the Asian dollar in regional trade settlement is something he could not even think of before.

Asian dollar.

Zero ambition.

You can tell from the name.

He wanted to make a difference in Asia, not limited to one country or one place. Relatively speaking, the kyat did have limitations, but he didn't know that Tang Qing's goal was to squeeze the dollar down.

. . .

The broadcast of news.

Some are happy and some are sad.

The joy is.

Most people are happy because they have more investment channels, otherwise, the money is stored in the bank, and the interest is really a little bit low. The company is also happy that it can go public for financing and expand its corporate influence.

The worry is.

Many people's assets cannot be hidden.

before.

A lot of problematic money is hidden, and seeing the sharp depreciation of the kyat, I dare not exchange it. For example, some government workers in Myanmar, and funds obtained illegally through other channels.

If it is taken out to exchange for the Asian dollar.

It will definitely leave traces. Now, although Zero does not restrict them from operating business with their family members, the crackdown on illegal collection of money is quite strict.

Your family is in business.

Made money.

It’s okay to give you flowers, but if you get the benefits, then it’s a different matter. Zero's hands are not soft. Even if you take advantage of your position, you can benefit your family or projects.

but.

Collect money to do business.

Absolutely not allowed.

Some people say, isn’t this changing the soup without changing the medicine? They are all for private use of public power, but there is no perfect system and no perfect people in the world. As long as it is not too much, and there is no increase in government expenditure, it is not a major event.

One million items.

You can do well with a million.

no problem.

It can be 1.1 million, and that's no wonder. Therefore, even if many people are partial to their own people, as long as they are not too much, it is not a violation of the system. Fairness is always relative.

otherwise.

The first thing to catch is zero.

Because of the Burma Bank Group.

It's a monster that can't get around. Right now, I’m eating frantically. Everyone sees that you’re chubby and we’re eating chafing vegetables. In that case, it’s a bit too ugly.

People's hearts are scattered.

The team is not easy to bring.

. . .

Just an hour after the news was broadcast.

The official website of the Bank of Myanmar has processed nearly 100,000 currency exchange requests.

Less than an hour.

Let the Bank of Myanmar receive nearly 400 billion Asian dollars worth of kyats. These are digital currencies, not cash. Their ultimate destination is to be returned by the Bank of Myanmar. . . Cleared.

currency.

That's how it works.

Value comes from national sovereign credit.

Abandoned currency.

It is worthless. All the kyats exchanged back will be cleared. From now on, the liquidation power of Myanmar’s sovereign currency will be transferred to the Bank of Myanmar.

And the recovered paper kyats.

There is only one destiny.

Destroy all.

This time the Asian dollar replaced the kyat.

Except for some people with feelings.

The employees of the Bank of Myanmar are very happy.

Because they are not unemployed and their wages are a lot of money, what's so sad about them, as for their power? Hehe, the central bank is not a general banking institution and has no actual economic power.

Print more money.

It is also to the following commercial banks.

It has nothing to do with them. In terms of actual power, or oil and water, even Keshaw, the governor of the Bank of Myanmar, may not be as good as the small governor of a county in the bank below.

That being the case.

What is sad?

Even the original governor, Ko Xiao, is still the governor. However, from now on, the function of the Bank of Myanmar has become the policy research and voice department of the Bank of Myanmar, which is doing the same thing as before.

. . .

the next day.

It dawned.

Outside the Myanmar-Asia Special Economic Zone.

There are queues outside the banks in major cities. Not everyone can go online, and the penetration rate of computers is not high. Most people can only come to the bank to apply for exchange services.

It stands to reason.

Why not change everyone's bank card money into Asian dollars at one time, so that the problem will be solved overnight? The remaining banknotes can be exchanged slowly.

however.

If you think about it this way.

I kind of overlooked another purpose of this exchange.

---Clean up problem accounts.

This time, when applying for the exchange of the kyats in the bank card, it is necessary to provide identification documents. In this way, a large number of illegal accounts and dead accounts will be exposed.

such as.

One person has illegal gains.

The money.

He may not have an account under his own name. It may be someone else’s account. You should know that the general bank only needs to provide ID when opening an account ~ www.wuxiaspot.com~ and will not need it in the future.

right now.

If the other party wants to exchange money, they have to use their ID card again. Yes, many people can provide ID cards, but some of the illegal gains will always be frozen in this way.

As for frozen money and money in dead accounts.

amount.

It's useless.

For an institution that can print money, the significance of these things is only to help stabilize the economic order, combat economic crimes, sort out internal accounts, improve account classification, and facilitate management.

As for the flowers?

forget it.

Reprinted.

It's nothing more than typing a one on the computer, and then thinking about how many zeros will be typed later.