roccoschili Chapter 389: The Thai baht dropped sharply, and the people of Thailand were completely panicked
Chapter 389: The Thai baht dropped sharply, and the people of Thailand were completely panicked
"Oh! I should have listened to that stock expert earlier."
"What's going on? The price has dropped 15% in just this morning. Why is it still falling? If it continues like this, I'm going to lose all my money."
A stockholder at the entrance of the stock exchange complained with frustration.
That's right! Just from the tone of his voice, one can tell that the amount of Taizhu he has in his hands is not a small amount.
The most important thing is that the exchange rate of the Thai baht has dropped by 15% in this morning alone.
You know, the Thai baht is the currency that is related to the development of the entire Thai national economy.
"Are you talking about that guy named Soros who was interviewed by the economic news? Wasn't he kidnapped a while ago? Can we still trust his words?"
Another Taiguo stock investor who was also standing at the entrance of the stock exchange frowned and said in confusion.
Obviously, whether it is the stockholder just now or him, they are nothing more than the lowest people in the stock market.
For them, even if they did get some information, it was through economic news or shocking cases such as the mass kidnapping case that shocked the entire country of Thailand.
It’s a pity that they called these things insider information at that time.
Relying on their own judgment of the inside information, they put all the little money they had into the stock market, commonly known as the freshest batch of leeks.
"Just because he was kidnapped, it shows that he is capable."
"If this man wasn't so powerful and had accurate predictions, how could these people kidnap him instead of me?"
"He was right. The value of the baht is getting lower and lower. Let's sell it right away."
The small shareholder said directly with a righteous look on his face.
Just from the tone of his speech, one could tell that he had analyzed the words of Soros and other so-called economists very well.
It’s a pity that he has no idea that in the eyes of these economists, small shareholders like them are just leeks.
"Hey, you two said this, I agree with him more."
"Back then, when Soros spoke on the economic news, I sold all my baht and exchanged them for US dollars."
"Instead of losing money, I actually made a small profit. Experts are experts."
Hearing the conversation between the two, a stock investor standing behind them suddenly stood up and spoke directly.
That’s right! The baht uses a pegged exchange rate system, which means that 1 US dollar can be exchanged for a certain amount of baht.
In other words, as long as the exchange rate of the Thai baht drops, the exchange rate of the US dollar against the Thai baht will increase.
Relatively speaking, if the baht depreciates, the US dollar will become more valuable.
Of course, if the baht is stable, the exchange rate of the US dollar will increase, and the baht will naturally increase as well.
But as far as the current situation is concerned, in a period of depreciation of the baht, everyone will probably sell off their baht in a rush and choose stocks that can make them money.
Of course, these are just the practices of some small shareholders.
But how could these small shareholders know that even such a small action of theirs had already caused tremendous pressure on the Financial Supervisory Commission of Thailand at that time.
After all, they weren't the only ones who thought so.
It is no exaggeration to say that nearly 80% of the Thai people had been led by the Thai stock market at that time.
In short, even though Soros has been kidnapped, people are still pushing the current stock market forward according to Soros's predictions.
……
Taiguo, Financial Management Office.
"How could this be?"
"I have already informed the organization. Without our signal, they will never solve this mass kidnapping case."
The head of the Hong Kong Monetary Authority looked at the baht trading situation displayed on the electronic screen, and the expression on his face was extremely embarrassed.
You know, the head of the Financial Supervisory Service at that time attributed all the recent fluctuations in the Thai baht stock market to Soros and his Quantum Fund team.
And now, Soros and his Quantum Fund team have sent out news of the kidnapping.
In other words, they simply don't have the ability to operate at this point.
Naturally, there will be no fluctuations, but why is there the current situation?
Seeing the head of the regulatory agency in this state, a shareholder nearby started to pick a fight and said directly: "Could it be that Soros and the people in his Quantum Fund came back on their own?"
That's right! Just from the tone of his voice, it can be heard that they are not convinced by the decision made by the head of the Economic Management Institute.
"Cough-cough-"
Among all the shareholders of the Monetary Authority of Singapore, the oldest man coughed twice to show his caution.
Hearing the old man's cough, the shareholders had no choice but to give up.
"The current situation is already here, what's the point of talking about this now?"
“It is a fact that the exchange rate has fallen.”
"There are only two possibilities that could lead to the current situation."
The old man spoke directly to these people in an orderly manner.
"Two results?"
The head of the Financial Supervision Bureau asked curiously.
In fact, in his current understanding, the baht is a symbol of a country's wealth, and he does not think anyone dares to manipulate it behind the scenes.
Even Soros and his Quantum Fund only made such speculations after the mass kidnapping of Soros and others was announced.
If not, he would probably still be trying to figure out why the Taizhun value dropped.
To a certain extent, the collective kidnapping case organized by Chen Wen also gave the Thai Monetary Authority a shot of prevention.
After all, people like Soros have always been very low-key in doing things.
In fact, often no one can guess their real intentions.
All in all, finding Soros is not an easy task.
But just by looking at the numbers on the electronic screen, the old man blurted out that there are two situations?
For a moment, everyone present was attracted by the old man.
ps: The data of new books is very important. Please give me some motivation. Please reward me and put me on the bookshelf...