Reborn Financial Overlord

It’s just that in recent years, the British economy has been sluggish. The Bank of England has continued to implement a low interest rate policy. The benchmark interest rate has been maintained at [-]%. With such an interest rate, if a finance company makes a living by lending, there will be no profit at all.

"Boss. The Bank of England's benchmark interest rate has been maintained at [-]%, and the countries of the European Community have also maintained the same interest rate. It is not a good idea to open a financial company in Europe."

"NO, NO, carrot head, listen. We opened a finance company, not a finance company, we just opened a finance company, so we opened a finance company."

"..."

Robert John is a China expert.

However, the face of Shen Jiannan's words was still full of bewilderment.

Glancing at the ex-wife's family who were about to get up not far away, Robert John said quietly.

"Boss. I don't understand what you're talking about."

"Carrot head. Rayson. The interest rates implemented by European countries have always been [-]%, right?"

"Death at night. With this kind of interest rate, there is no room for finance companies to survive."

"What if there is a country with very high interest rates and a fixed exchange rate for foreign exchange prices?"

Robert John understood immediately.

"Boss. You mean Thailand? God. Boss, you're a genius. I never thought of that."

"Understood?"

"Damn it! I'm so stupid. God, boss, we're going to be rich."

Holding the phone, Robert John shouted excitedly.

Before that, he had been staying in China. As the head of the Standard Chartered China region, he was very clear about the exchange rates in the Asian market.

The currency of Thailand is the baht.

Before 1897, one baht was equal to 8 fuang, and one fuang was equal to 8att.The current decimal system (that is, 1 baht is equal to 100 satan) was established by King Rama V.

But the name before the 1940s was tical, and it was later renamed baht (baht).Originally, the baht was a unit of weight, equivalent to 15 grams. Since one tical was equivalent to 15 grams of silver, the baht was simply used as the name.

1902年银本位破灭后，铢不再与纯银挂钩，因为银价相对于金本位的货币大幅贬值。当年9月19日，泰国发行首批纸币，面值5、10、20、100及1000tical。

By 1963, the Thai government announced that the gold content of the Thai baht was 0.0427245 grams, and the official exchange rate was 1 US dollar equals 20.80 baht. At the same time, the floating exchange rate was stopped.

However, with the collapse of the Brinsenton system and the depreciation of the U.S. dollar, the Thai government announced that the Thai baht would be decoupled from the U.S. dollar and pegged to a basket of currencies. Limit the foreign exchange trading prices of commercial banks.

1984年11月5日，泰铢贬值14.8%，官方汇率为1美元兑27.15铢，之后泰铢有所升值。

But since 1985, Thailand's economy has grown miraculously, and it has leaped to the top four Asian tigers with an astonishing growth rate. What's even more incredible is that Thailand's inflation rate has not been high, which shows that the fundamentals are very good, and there is a broader market. space.

In order to leave room for the economy to operate when it is exhausted, and to avoid excessive capital speculation, the Bank of Thailand has repeatedly raised interest rates, raising the benchmark interest rate to [-]%.

The central bank changes the benchmark interest rate, generally to leave room for maneuver in the economic fluctuation cycle, and raises the interest rate, often because the economy is improving, curbs inflation and speculation, and leaves room for maneuver when the economic cycle changes.

Just like a trump card, the higher the interest rate, the better the country’s economy will be, leaving more room for maneuvering, and the lower the interest rate, the smaller the room for maneuvering.Generally, when the central bank lowers the interest rate to 0, it means that a country has played all its cards and has no ability to intervene, so it can only leave its fate to God.

The central bank of Thailand has raised interest rates continuously, which is nothing.

Thailand has become one of the four Asian tigers, and its economic development level shows signs of catching up with Hong Kong and Singapore. It is correct to raise interest rates to curb inflation and reduce speculative capital flows.

However, at the end of 1990, the Thai government determined the circulation policy of free trading of the Thai baht in the global foreign exchange market, and adopted a fixed exchange rate system to link the exchange rate of the Thai baht to the U.S. dollar and implement a fixed exchange rate system pegged to the U.S. dollar. 1 U.S. dollar = 25.29 baht, the exchange rate It is limited to a floating range of 0% to 15%.

If so, no problem.

In 1991, the Japanese stock market plummeted like a cliff, and then the real estate bubble burst, causing a large amount of capital to flee from the Japanese market.

As the world's second largest economic system, the amount of capital deposited in the Japanese market can be imagined. In order to strengthen the absorption of overseas capital, Thailand's central bank announced in May last year that it would fully liberalize financial controls and no longer restrict the inflow of overseas funds. Intervene.

Moreover, the Thai government announced that Thailand has the information to build a fair and free financial center.The financial industry will be fully liberalized in 1993, the establishment of an option financial center in Bangkok will be approved, the restrictions on foreign banks setting up branches in Thailand will be relaxed, and international capital will be allowed to trade in the Bangkok option financial center.

what does this mean?

This means that now that funds flow into Thailand, there will be no further intervention.

However, Thailand implements a fixed exchange rate system pegged to the U.S. dollar, and the interest rate is [-], while the interest rates of almost all countries in the European Community are [-]%.

Robert John was so excited that he almost went crazy.

"Boss, you mean, we borrow funds from major European banks, and then go to Thailand for arbitrage?"

arbitrage?

Is Laozi such a worthless person?

Holding the phone, Shen Jiannan couldn't help but hook his lips.

Although borrowing chickens to lay eggs can also make money, but what is the money.

Counting the time, the Wall Street gang is about to attack the European Community. When the time comes, lending money to them will be the most interesting.

Grinding his teeth sinisterly, Shen Jiannan praised.

"Old Carrot. Congratulations, you got the answer right. I will rush over as soon as possible. Now, you need to build the financial company platform as soon as possible."

“…”

After hanging up the phone, Robert John was still too excited to hold the phone.

As a bank practitioner, he knows very well that risks are always directly proportional to returns. In this world, there has never been an investment that can make a profit without losing money.

However, he suddenly discovered that this law seemed to be broken.

Thailand is a country, and behind the major European banks is also a country. There is no risk at all in Thailand with the money borrowed from banks here.

"Praise God. The glory be with me."

"Robert...is that you?"

Chapter 61 Interest Rate Futures

Robert John's excitement finally attracted the attention of a family of three not far away. Looking at the face that was gradually approaching, he didn't know how to answer for a moment.

Many times, he thought that he would hate his ex-wife again when he saw her again, but his unswerving love was betrayed, and he would definitely remember that pain for the rest of his life.But suddenly, he discovered that everything had dissipated with time.The face that once made his heart move has wrinkles, and there are some spots on the flimsy skin, and the smooth blond hair is also silvery.

Time, after all, can annihilate everything.

Love or not, under the years, everything is dust.

Robert John smiled.

"It's me, Suzanne. How are you doing?"

"..."

sunset.

Anran Kardashian was woken up by a violent roar, and when she opened her eyes, she immediately felt that the skeleton of her whole body seemed to be scattered, and her whole body was limp and unable to lift any strength.

Looking around in the huge bedroom, the murderous bastard didn't know where he went. The whole bedroom was in a mess, like a battlefield blown by a strong wind.

A trace of resentment could not help appearing in Kadezhan's eyes. At that time, she really thought that she was going to die.

What a big bastard who doesn't understand pity and pity.

Suddenly, there was a sound of footsteps outside the door. Before Kardashian lay down and pretended to be asleep, the closed door was pushed open from the outside.

"Baby An Ran, I have someone prepare dinner, do you need to bring it in?"

Kardashian couldn't help shaking her lips, the complacency in those eyes was really disgusting.

"Boss, as a gentleman, don't you think you should avoid it when a lady changes clothes?"

Avoid it?

Shen Jiannan blinked away, with a dazed look on his face.

I watched everything that should be seen, and did everything that should be done and should not be done, so I let him avoid it.

What the hell is going on.

woman!

What are you thinking about every day.

Shrugging helplessly, confirming Kardashian's insistence, Shen Jiannan had no choice but to back out of the room.

boom!

The door closed gently with a soft sound.

Kardashian showed a smile on her rosy face, she was really glamorous.

in the living room.

Shen Jiannan leaned on the sofa with Erlang's legs crossed, tapping his fingers lightly back and forth on the sofa.

In October 1990, the UK joined EMS.Since then, the European Monetary System has made the currencies of Western European countries no longer pegged to gold or the U.S. dollar, but to each other; each currency is only allowed to float within a certain range of exchange rates. The central bank of the country has the responsibility to intervene in the market by buying and selling its own currency to stabilize the currency exchange rate of the country within the specified range.

Within the specified floating range of exchange rates, the currencies of the member states can float relative to the currencies of other member states, and the exchange rate between the currencies of the member states is centered on the Deutsche mark, so as to get rid of the flooding of the US dollar in the European market.

But the imagination is beautiful, the reality is very skinny.

Later, the euro, known as the second largest currency, fell apart due to a global plague disaster.

In that catastrophe that shook the world, the competition and plunder, division and constraints, oppression and interests among EU member states were the most critical reasons for the collapse of the euro.

As the predecessor of the Eurosystem, EMS also faces mutual constraints brought about by the differentiation of the economic situation among member states.

In the United Kingdom and Italy, the economy has been sluggish. What the increase in unemployment requires is to cut interest rates and release reserves, forcing capital to flow into the market to promote employment and economic development.

However, due to the merger of East and West Germany, Germany’s fiscal deficit has remained high, the income of the two Germanys has caused prices to remain unbalanced, and the inflation rate remains high. What is needed is to raise interest rates to control capital speculation. into divisive and economically induced political turmoil.

This is a point of contradiction that cannot be reconciled at all.

Under the Maastricht Treaty signed in February, sterling and the lira must align monetary policy with economically powerful Germany.

Italy.

"hey-hey......"

Shen Jiannan couldn't help laughing wickedly.

As far as the European exchange rate system is concerned, the economic power of various countries and their respective national interests are simply not consistent.It only needs to knock on some "chains" that constitute the European exchange rate system, and the equilibrium of the chains will be broken.

Italy is a country that loses the chain at every critical moment and always enjoys it. Germany is always tough and barbaric, so it can be regarded as Italy's bloody bad luck.

But with the share of Standard Chartered shares, it is enough to borrow [-] million US dollars in the UK, that is about one billion pounds.With such a large sum of money, if you want to maximize profits, you still have to open positions in other markets. Otherwise, international capital will definitely clear him out first.

After thinking for a moment, Shen Jiannan picked up the phone and dialed again.

London International Financial Futures Exchange.

成立于1982年9月，从事金融期货合约交易，主要有：20年期英国公债利率、短期公债、中期公债、德国政府债券、3个月期欧洲美元利率、3个月期英镑利率、英镑（BP）、德国马克、瑞士法郎、日元）、美国联邦长期公债、金融时报一百种种股票价格指数、日本政府公债的期货和期权合约等。

Currency futures traded on the exchange include British pound, Swiss franc, German mark and Japanese yen futures settled in US dollars, and US dollar futures settled in German marks; interest rate futures include various British treasury bill futures, US long-term treasury bill futures, Japanese long-term treasury bills Futures, 3-month Eurodollar term deposit futures and 3-month GBP interest rate futures.

It can be said that global standardized financial products can be traded on the London International Financial Futures Exchange.

The thirteenth floor of the Exchange Building.

William was sitting on a recliner in his office, playing an unspeakable little game with a 20-year-old British girl.

Hattie Morahan, 14, a middle school student at Dwight Middle School.

Blonde hair and blue eyes, exquisite figure, except for being a little thin, it is completely impossible to tell that she is only 14 years old.

It has to be said that William's psychology is a little twisted.

When he was a child in Hong Kong, he was often bullied and bullied by some British people. When he was in junior high school, he met an Englishman who was drunk on the street again, and almost beat him to a disability. In the end, it cost him a thousand Hong Kong dollars. Of.

The so-called rule of law, it can be said, is only valid for Hong Kong people, not for British people.

It's different now.

In London, a city where capital is everything, there is nothing money can't solve.

woohoo-

Under William's distorted psychology, Hattie Morahan kept whimpering, as if she was expressing her powerlessness and pain, but William had no mercy and allowed her to cry out in embarrassment and anger.

Since arriving in the UK, this guy has been insane. He has to play with different British girls every day, as if he wants to wash away the humiliation and beatings he has suffered.

ding ding ding-

The mobile phone I carried with me suddenly rang.