Chapter 650 Dual Exchange Rate System

The cosmetics company is going to expand, and Ye Zhen went to the mainland to select a factory site, so she is temporarily in charge of the company's affairs. There are also some things to deal with for several companies under her name, and she is also very busy.

November has come in a blink of an eye.

This day, Lu Jiaxin went home and did half an hour of yoga after get off work as usual. When she went downstairs and saw that Nie Zhan had not come back yet, she called him and asked, "You will be home soon, right? OK, I will wait for you to have dinner together."

Generally speaking, Nie Zhan would call her in advance if he did not come back for dinner. However, he would forget in emergencies, which happened once before.

Nie Zhan arrived home ten minutes later.

Seeing his solemn expression, Lu Jiaxin asked, "You look so bad, what happened in the company?"

Nie Zhan did not speak, but just held her hand and said, "Come upstairs with me, I have something to tell you."

Lu Jiaxin was a little confused. There were no problems with the companies under the group recently! But she did not expect to hear a news from Nie Zhan when she went upstairs that SL implemented a dual exchange rate system.

Nie Zhan said: "They originally implemented a fixed exchange rate with green currency, just like the Hong Kong dollar. In the case of SL, the implementation of a dual exchange rate system has a very big hidden danger."

Lu Jiaxin knew that there were many problems before the disintegration of SL, and then the leaders made a series of wrong decisions. It's just that the specific operation is unclear. The only certainty is that after the disintegration of SL, the rupee depreciated sharply.

Nie Zhan is a trader and has been speculating in financial products over the years, but he uses his spare money instead of spending all his wealth like Lu Jiaxin did at the beginning.

Seeing that Lu Jiaxin didn't speak, Nie Zhan explained in detail: "This policy gives speculators the opportunity to speculate on international currencies such as green currency and pound sterling, and then lure people to exchange their rubles into green currency and pound sterling at a very high exchange rate."

On the surface, it is financial liberalization, but in fact, it has fundamentally changed the status of green currency. Such a big country can't see these potential huge dangers.

Lu Jiaxin thought for a moment and asked, "What do you mean by that?"

Nie Zhan said, "After the SL economic market is fully liberalized, many investment banks and commercial banks will enter SL, and various business institutions will quickly occupy the market in SL, and then adopt some strategies to convert state-owned assets into private assets. This is also a way of encroaching on state-owned assets."

When Lu Jiaxin heard this, she couldn't help but think of the early days of reform and opening up, when many state-owned assets were converted into private assets and occupied. Alas, all crows are black.

Nie Zhan said: "You said before that SL will disintegrate within three to five years. I think it's a fantasy. But according to this trend, it is really possible."

"My intuition has never been wrong."

Nie Zhan smiled and responded, and then said: "Jia Xin, I plan to invest in Wansheng Bank."

Lu Jiaxin understood immediately: "You want to become a shareholder of Wansheng Bank, and then go to SL to open a branch to get a piece of the pie."

Seeing him nod, Lu Jiaxin frowned and said: "Will your elder brother agree?"

Nie Zhan was silent for a moment, and said: "Wansheng Bank has many internal problems. Once it is exposed, it may go bankrupt. If I invest, I will reorganize it and inject a large amount of funds into the SL market. At that time, I should be able to make up for most of the deficit."

Lu Jiaxin didn't want him to clean up this mess, but it was hard to say, after all, the relationship was so good. She thought about it and said: "We can borrow the name of Wansheng Bank and open a branch in SL, but we will hold 100% of the shares."

It is a very common way of investment. It is called a branch, but it operates independently and is responsible for its own profits and losses. Just borrowing the name of the parent company can be convenient and save a lot of trouble.

Nie Zhan had never thought of this way.

Lu Jiaxin didn't want him to always clean up the mess for the Nie family. He did so many things but they didn't remember them well: "A Zhan, the problems of Wansheng Bank are so serious. If you want to solve all these hidden dangers, you need huge financial resources."

"And even if you buy shares, your shareholding ratio cannot exceed Nie Jingwen. When the time comes, we will not benefit much from this investment. In business, taking huge risks but not getting corresponding returns, you are willing to take this loss for the sake of brotherhood, but I don't want to."

If Nie Zhan buys shares in Wansheng Bank, she won't stop him, but she won't invest a penny.

Seeing Nie Zhan thinking, Lu Jiaxin continued, "Also, your elder brother is a man without courage. It is a very risky investment to open a branch in SL. He will not agree. We open a branch in SL by ourselves. If the speculation is wrong, it is our own loss. We don't have to explain to your elder brother and shareholders; if the speculation comes true, we don't have to share most of the profits."

Nie Zhan was silent for a while and said, "Then let's do as you said. Let's borrow the name of Wansheng Bank to open a branch in SL. I will talk to my elder brother tomorrow."

Lu Jiaxin felt that Nie Jingwen was not in a hurry: "Persuade Mokrich to invest in our bank, so that we can find a backer!"

Nie Zhan nodded and said, "I will push forward the bank's affairs. When the time is right, we will go to SL to build a branch, but before that, we can speculate on the ruble first."

Lu Jiaxin thought for a while and said, "I can raise 500 million green coins within three days, including the 80 million betrothal gifts you gave."

Nie Zhan does not have so much cash flow. Now he only has 60 million green coins. In fact, whether it is a company or an individual, they will not keep too much cash flow. Goods are like wheels, and only when money keeps circulating in the market can money make money. However, Lu Jiaxin is an exception. She has a lot of stocks, and she can raise a large amount of cash in a short period of time by selling them.

Nie Zhan nodded to indicate that it was enough.

After talking about this, the two of them went downstairs to eat. While walking, Nie Zhan mentioned Tao Yong and Yu Meitong again: "I called him and asked him, and he admitted that he was pursuing Miss Yu."

Lu Jiaxin found that he had also become gossipy: "What about Sister Meitong? Her attitude has softened, but she is still unwilling to contact him? If Sister Meitong doesn't agree, don't stalk me."

Nie Zhan said with a smile: "Miss Yu had dinner with him yesterday and made an appointment to go hiking together on Sunday. It doesn't take long for the relationship to be confirmed."

Lu Jiaxin thought for a moment and asked, "Is Tao Yong pursuing Sister Meitong really because he likes her? Or does he have other purposes?"

Nie Zhan laughed and said: "He said that he saved Yu Meitong that day, and when he saw her going crazy with alcohol, he remembered his former self. After going back, he thought about the scene that night from time to time, and after realizing that he was attracted, he took the initiative to make an appointment with Yu Meitong. Home Xin, Tao Yong is very serious about relationships. Since he is attracted to Yu Meitong now, it must be because of love and not for any other purpose. "

"Miss Yu has assets of 20 to 30 million, and Tao Yong is now a billionaire with more assets than her. As for resources, the Yu family has immigrated, and there is nothing to calculate."

Lu Jiaxin hummed and said, "Don't talk about this again in the future. Even if the two of them are together, I hope I know about it from Sister Meitong."

Nie Zhan nodded and said with a smile: "Tao Yong's family is very busy with marriage arrangements. If they are really dating, they will definitely get married before us."

"That's good too."

Only two updates today. I went to a meeting this morning and didn't get home until nine in the evening. I was really sleepy.