Rebirth

It is also Burmese that spends too much time during this time.

There are still many investment plans that have led to the impact of trade settlement on China, and some restrictions have to be introduced. Otherwise, it is not the printing of the banknotes and the devaluation of the kyat.

It is the matter of the renminbi reserve.

The currency problems facing Myanmar and China are similar.

It’s just that the anti-risk ability of Burma is weaker than that of China.

China’s foreign exchange reserves are numerous.

However, if the profits generated by foreign-invested enterprises come in and others are to be withdrawn in large quantities, China’s foreign exchange reserves will be somewhat stretched. At present, the size of domestic foreign capital is large, which represents the amount of funds that may be withdrawn.

When these foreign funds go, they are all exchanged for dollars.

This counts.

How many trillions of dollars in foreign exchange reserves?

Hehe.

How much more.

If foreign companies transfer their profits back to their countries on a large scale, it is still a problem for the central bank to have enough foreign exchange cash. It is not uncommon for foreign exchange reserves to shrink by half.

This happened in the current Burma.

In China, billions of dollars are not a major event.

But in the present, Burmese.

Hundreds of millions of dollars want to go, Burmese has a headache and restrictions, because the foreign exchange reserves in hand are too precious, a former agricultural country, making money basically depends on selling resources and the ground.

It’s hard to save money, expand production, invest in road construction, and when I haven’t seen profits, let him continue to consume foreign exchange reserves.

then.

The Central Bank of Myanmar and the major Chinese companies have had a discussion.

Let this large sum of money stop at Burmese.

In order to preserve value.

Also replaced by the Asian dollar.

Parked on the side of the Bank of Myanmar.

“I remember that the Bank of Myanmar was not lending us? So a lot of money, more than 100 billion yuan, is it not good to use this money to transfer the detention funds of Chinese enterprises?” Liu Jin suggested.

Other economists have found it feasible.

The funds stayed in this time are less than 10 billion yuan, and the loans in the hands of the Bank of Myanmar can be fully supported.

but.

Yuan Yi shook his head helplessly and said: “No, they have all spent.”

This is the case.

They were shocked.

“What? It’s all over, it’s impossible.”

“Yeah, more than a billion, is it faster than the Burmese flower?”

“Yeah, where did you spend it? It’s only a few months.”

“…”

The meeting room was fried.

More than 100 million yuan.

What concept.

Did you suddenly tell me that you are gone?

After Yuan Yi indicated that everyone was quiet, he said: “There was originally. Our previous agreement was a batch of loans, but their investment was too big, too complicated, and a lot of money was taken out. It was to be paid to various projects. of.

Moreover, they applied for a quick loan, and there are still less than 20 billion yuan in the amount of money. They say that they are prepared to maintain the risky funds of the company’s operations and cannot move. ”

“…”

Face the speed of spending such money.

What else can they say?

“There is no way. They don’t have much renminbi in their hands. In the short term, they are also trade deficits with China. The mouth can be opened, but it should not be too big. You have to set a ceiling. If you exceed it, you have to use them for asset collateral.” Into the pondered then said.

“I would suggest that they can let them take out the 20 billion yuan to the pad.”

“You said it is easy, others will be willing, this is their real money mortgage, and this time it is to help Chinese companies transfer funds back to the country, the nature is different.”

“We helped them that many, this requirement should not be too much.”

“It is not too much, but if others need funds in the future, they are not going to lend. This is tantamount to doing useless work. It is better to have another channel of funds, less than 10 billion, not too much.”

“…”

The conference room suddenly arguing.

One party thinks that it will be opened and how big it is. Anyway, the current trade volume between the two sides is constantly expanding. The current situation in Myanmar is relatively stable. The development of the Myanmar Special Economic Zone is good and cannot be lost.

The other side thinks that holding the Asian dollar is very risky, and it may become waste paper when it is decided. Although the Philippine dollar is weak, it is at least the legal currency of Myanmar.

There are reasons on both sides.

Yuan Yi has been listening.

Quickly form a report.

He does not participate because the final decision is not for him.

The significance of this kind of seminar is not to let the experts discuss one thing, but to form a detailed risk assessment report to supplement the facts and theoretical basis for the leaders’ decision-making.

Ultimately, the upper level of the central bank decides which policy to implement.

The more the argument is, the more clear it is.

That is the case.

after an hour.

End of the meeting.

Yuan Yi handed the minutes of the meeting to his men.

Three o’clock in the afternoon.

A detailed 20-page research report was freshly released.

Submitted to the central bank leader.

Early the next morning.

The central bank decided to temporarily include the Asian dollar in the list of reserve currencies. In the future, the trade settlement with the Myanmar Special Economic Zone will increase the Asian currency on the basis of the Myanmar dollar.

This result will take effect the following day.

of course.

Langcai also needs to communicate, and China cannot unilaterally decide.

For the practice of China.

Lang Cai did not say anything, but also expressed understanding.

He doesn’t understand it. The renminbi reserve in Burma is not enough. The US dollar reserve is also being consumed. The devaluation of the quintile is imminent. It is understandable that Huaxia enterprises are looking for a new capital outflow channel.

But this is also good.

Let the Asian dollar ease the pressure on the Central Bank of Myanmar.

I am also relieved.

As for the consequences and impact, Langcai did not care, it was only 10 billion yuan in total, and Myanmar was now a special period. The Asian dollar was cheaper and broke his quota limit.

However, China is a big country.

It will not give the Asian dollar a chance to take advantage of it.

Think of this.

Lang Cai is relieved.

My heart is also yet.

Because of this policy of China, it will quickly consume the RMB in the hands of the Bank of Myanmar, and if possible, even consume the US dollar and other foreign currency reserves in the hands of the Bank of Myanmar.

In this way, the transfer of funds from private enterprises can make the Bank of Myanmar a headache.

In the past, this part of the pressure was all about the Central Bank of Myanmar.

Now I have a top pot.

Lang Cai feels that zero is a brain teasing and makes such a request to Huaxia.

. . . . . .

Myanmar Special Economic Zone.

I heard that this part of non-trade funds can be transferred back to China.

Many companies acted immediately.

Just one day.

Huaxia Enterprise transferred back nearly 4 billion yuan, and they exchanged all the Asian dollars in their hands to Huaxia Industrial and Commercial Bank, which opened a branch in the Myanmar Special Economic Zone. Huaxia Industrial and Commercial Bank will find the money to cash in the central bank.

Let the Boss of these Chinese companies be relaxed.

Although the Bank of Myanmar said it.

You have no problem changing to RMB, but if you want to use RMB to change to Asian yuan, you must use trade. This makes many businessmen who are optimistic about the Myanmar Special Economic Zone hesitate.

However, most Chinese companies have chosen to transfer money back to the national security point. .

This semi-free currency exchange model is mainly to avoid someone who maliciously replaced the Huaxia Central Bank’s Asian dollar and could not complete the task of stabilizing reserves. Tang Qing deliberately added it.

Can not let people mess, and China also expressed support for this behavior, and now the future of the Asian dollar is not clear, the two sides are more control over the degree of freedom of currency exchange.

that’s it.

Tang Qing’s task of the Asian dollar reserve was completed.

The rest. . . There are also nine special.

He turned his eyes on the neighboring countries.

headache. . . . . .