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Chapter 540 A blow to the head 5

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    One second ¡ïС¡÷˵¡ìÍø], read wonderful novels for free!  If the RMB's sharp rise on this day was attributed to the central bank raising the overnight RMB lending rate in the offshore market, but in the next four trading days, without any action from the central bank's traders, the RMB continued to rise, this is not who it is.  It can all be explained clearly.  ??¡€1kanshu¡€ On the 7th, the offshore RMB exchange rate rose by 140 basis points, or 0.%; on the 8th, the offshore RMB exchange rate rose by 166 basis points, or 0.6%; on the 1st, it rose by 185 basis points, or 0.9%; on September 1  On the day, it rose 5 basis points, or 0.9%.  The RMB has risen for five consecutive trading days, with a cumulative increase of 1.4%. Not only is it far away from the 6.5 red line, but it is only one step away from crossing the 6.4 line and returning to the 6. range.  Don¡¯t underestimate this mere 1.4 percentage point increase. If this kind of fluctuation occurs within one trading day, it will be enough to cause heavy losses to institutions that have gone in the wrong direction.  A leverage of 50 times means a loss of more than 70%, a leverage of 100 times means liquidation, and such leverage is very common in the foreign exchange market.  This increase not only confuses central bank traders, but also stuns some people with ulterior motives.  "Are you sure?" At a private teahouse outside the Third Ring Road of Yanjing, Li Bin had brought the tea cup to his lips. After hearing this, he put it down again and asked with two thick black eyebrows, "In the past few days, have you  Did you really do nothing? " "It's absolutely true! " Sitting opposite Li Bin is a thin young man, aged between twenty and thirty years old, with a pale face due to long-term lack of exercise.  It has to be a little scary.  At this time, he picked up a cup of tea, raised his head and drank it all. After wiping his mouth, he continued, "If you don't believe it, you can find someone else to confirm it and you will know whether what I said is reliable. These days  That guy named Zhong didn¡¯t do anything. I just can¡¯t figure out why the exchange rate went up so suddenly. ¡°That¡¯s weird. The exchange rate went up without doing anything?¡± Li Bin tapped the table.  He said thoughtfully, "Could it be that the international short sellers automatically retreated when they heard the news that he was taking over? This is obviously impossible. But if this is not the case, how come this guy can rise without doing anything? This  ¡­What the hell is going on?¡± ¡°Assistant Li, don¡¯t think so much. Isn¡¯t the rise a good thing?¡±  He closed his eyes and said, "You don't have to spend a penny of the country's foreign exchange. You can't find such a good thing even if you hold a lantern. By the way, Assistant Li, why are you asking about this?" "This" Li Bin was suddenly startled.  , suddenly woke up from his deep thoughts, and immediately explained with a smile, "Actually, I asked this out of selfish motives, and I'm really embarrassed to say it, haha." He laughed. He didn't want to continue talking at first, but when he saw  The other party looked at him with a persevering look, and had to say: "Speaking of my position as an assistant, I am a bit unable to get up and down." Ò»??Reading???¡€1?  u?¡€c?omAlthough I work as a vice president, I don't have the title of vice president, which is a bit embarrassing, so I have to learn more in this limited time and be promoted in the future.  No?" "Although I had some success in presiding over the rescue work, you can see what's going on now." He rubbed his hands with an embarrassed look on his face, "It's not possible to rely on those achievements alone.  There is no way to prove myself, so I have to find another way. Although Zhong Shi is in charge of the work this time, if I can learn even a little bit from him and apply it in actual work in the future, it may become my future promotion.  "That's it." The trader didn't think too deeply about Li Bin's explanation, and just nodded silently, "But Assistant Li, don't talk about you, Zhong Shi.  Even those of us who spend time with him don't know what he is thinking. I see, it's really hard to get something out of him, but that's fine.  , It doesn¡¯t matter if we do it all day long, or if we don¡¯t do it, this kind of life is really hard.¡± ¡°By the way, I¡¯m full, thank you for your hospitality.¡± Just as Li Bin was explaining to himself.  , the trader had already swept away all the pastries and snacks on the table.  Patting his bloated belly, he smiled and said to Li Bin, "If nothing happens, I will leave first. After these things are over, I will make a complete strategy report for you. Then we will see what Zhong Shi is doing.  How does it work? " "Okay, that's settled!" After hearing his words, Li Bin felt anxious.Zhongdun Daan said with a smile, "Okay, you can go about your business." As an assistant to the president of the central bank, if he wants to be promoted, he must get the approval of President Jin, so Li Bin had to take action.  , at least that¡¯s what the trader thought.  But he never imagined that Li Bin had already been corrupted and became one of the senior compradors of foreign-funded institutions in China.  In addition to colluding with foreign hedge funds, he also colluded with Xu Fei and others.  What he said today will soon be leaked by Li Bin to foreign hedge funds.  As soon as the trader left, Li Bin couldn't wait to dial the satellite phone.  "Dear Li, you finally called!" As soon as the call was connected, a hoarse male voice came from the other side, and he was heard saying in fluent British English, "Thank God, I finally waited for you.  Li, is this all done by the central bank of China? "Karl, how is the situation there?" Li Bin frowned and asked, "Why did your voice change?"  Is it so strange?¡± ¡°I lost nearly half of my position and was almost fired by my boss!¡± When the man named Karl heard this, he immediately said, ¡°According to our strategy, it should have been  Within this week, the RMB fell to around 6.6, but the Central Bank of China suddenly intervened, causing my position to lose half of its value out of thin air in just five trading days. If this had happened in one day, I would have gone bankrupt.  . God, this is really terrible!¡± He still has lingering fears about what happened during these five trading days.  According to their plan, they will stop after making 50% of the profits in these five days.  But at the juncture of their large-scale increase in positions, the RMB suddenly rose, and it rose for five consecutive days.  If they had not adjusted their positions in time on the third day, they would have been liquidated by now.  After studying the fundamentals and relevant news over and over again several times, these people are still puzzled. In the end, they can only attribute this anomaly to the intervention of the Central Bank of China.  "I said Karl, you were wrong this time, and it was very wrong!" Li Bin said seriously, "As far as I know, China's central bank did not take action this time and did not buy a single dollar. You did not think  "What? How is this possible?" Carl on the other end of the phone could hardly believe his ears. After asking again and again, he exclaimed, "Oh, my Lord, what is going on?"  ? How can this not be done by the Central Bank of China? Can anyone tell me what is going on? " "I am afraid that neither your master nor any other gods will tell you what happened.  It's over." Li Bin, who had already understood Carl's possible performance, was not surprised. He just showed a narrow smile and said jokingly, "But I do have an answer, which may be closer to the truth, but it's not.  Do you want to hear it?" "Listen, of course I want to hear it!" Karl said without thinking, "If we don't know what is going on, we won't know what to do next.  If you have relevant information, you must tell us! " "It's not impossible to tell you, but this information is not free, and the price may be relatively expensive. " Li Bin, who had already confirmed that he was playing with Carl, had a look on his face.  His smile became even brighter, "Of course, I can't guarantee the authenticity of this news. If you think this news is not worth it, just pretend that I didn't say it." "Five million euros!" After hearing this, how can Karl still think about it?  Not understanding what the other party was thinking, he immediately offered a price without hesitation, "The price is five times higher than the usual news. I believe this price should satisfy you, right? Li, consider our previous cooperation,  Is this price enough to express our sincerity? " "Oh my god, how much position have you accumulated in the RMB market? " In normal transactions, these hedge fund guys are usually only willing to pay 100,000 euros.  Remuneration, this is still the largest amount. Sometimes they are only willing to pay 50,000 euros for some unimportant information, and they only make an offer after hearing the information.  Now, without waiting for Li Bin to tell the news, they took the initiative to offer a high price of 500,000 euros. This made Li Bin realize a problem, that is, these guys had made a heavy bet on the foreign exchange market.  "This" After hesitating for a long time, Karl finally said nothing, "Don't worry about it, just tell me your news!" "Maybe you can stillI don¡¯t know, but the person in charge of foreign exchange business now is Zhong Shi.  Yes, that's the bell stone you know.  " Li Bin was not worried about the other party not paying, and immediately said in a low voice, "But in these five days, he did not use the foreign exchange reserves.  The initial rise may be due to the overnight lending rate, but this is not the case later.  I personally think that the most likely possibility is that Zhong Shi¡¯s Tianyu Fund is involved.  "    "This is how the same thing?  " Karl was a little confused about the situation, "You mean the current rise is due to the intervention of Tianyu Fund?  " "You don't understand this?  " Li Bin was stunned at first, and then realized that it was really difficult for foreigners to understand the details. He immediately explained patiently, "What Zhong Shi had planned was that they had taken long positions in the RMB in the offshore market in advance.  , and then wait until the right time for the central bank to take action, and then they can openly obtain corresponding profits.  " "If I guessed correctly, they should also have accumulated a large sum of money in the spot market.  When Zhong Shi, who is in charge, takes action, they will be able to earn at least tens of billions in profits by shipping goods in both markets.  He not only restored the RMB to its original level, but also made a large profit. His calculation was really shrewd.  " Having said this, he couldn't help but sneer. " What Li Bin said is indeed a possibility, but he is completely judging a gentleman's belly with a villain's heart. This matter is not only for the employees of Tianyu Fund, but also for the employees of Tianyu Fund.  Jiang Shan, who has the closest relationship with Zhong Shi, doesn¡¯t know that Zhong Shi is already handling foreign exchange affairs at the central bank, let alone cooperate with Zhong Shi inside and outside. ¡°Then¡­ what should we do?  " Karl was a little confused. He thought about it silently for a long time before he understood it, but another problem appeared, "If we talk about financial resources alone, I am afraid that the dozen of us combined are not the opponents of Tianyu Fund. Do we just admit defeat and leave?  " "Hey, why are you so stupid?  " Seeing that the other party still didn't understand, Li Bin couldn't help but feel a little angry. He scolded the other party unceremoniously and said, "Won't you spread this news, so that Tianyu Fund and Zhong Shi will have an interest relationship, and then he won't  So that he can use the country's money to transfer benefits to his own fund, so the RMB exchange rate will naturally fall in response.  " "And as long as Zhong Shi is in office and this interest relationship is not clear, the RMB exchange rate may fall.  ¡± He continued to add, ¡°I¡¯m afraid you will wake up laughing in your dreams after making so much money!  ¡± (To be continued.) (To be continued)
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