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Chapter 42: The Plaza Accord is coming


Fall in love with you reading the book network 630book, the fastest update of the godfather of the Soviet Union Since the Plaza Accord will have a drastic impact on the international foreign exchange market after its signing, in order to prevent this impact from fermenting in advance, it will disrupt the economic deployment of the Ministry of Finance.

Therefore, Minister Takeshita did not disclose his plans to visit the United States until his departure.

The Ministry of Finance has announced that Minister Takeshita and the governor of the Bank of Japan will participate in a charity golf tournament organized near Haneda Airport.

When the two set off, some media photographed them indeed dressed in sporty outfits.

Minister Takeshita and President Sanada left the course with excuses after a few strokes on the course.

Although the media also photographed them leaving, they did not follow.

After leaving the stadium, Minister Takeshita and President Sanada rushed to the airport by car, and their luggage and clothes were already on the plane.

No one noticed that they had left Japan quietly.

After nearly a dozen hours of flight, the plane finally arrived at an air base in New York.

Under layers of secrecy, Minister Takeshita and his entourage secretly left the airport.

In the hours that followed, the British, French, German and American finance ministers quietly moved into the Plaza Hotel in New York.

The top floor of the Plaza Hotel is now home to the finance ministers of some of the richest countries in the world, who are talking about plans to change the world.

Agents from the Secret Service in Washington took over all work on the top floor of the Plaza Hotel, and no one, including hotel staff, was allowed to enter.

It was also at this time that Nastya, who was far away in London, bought foreign exchange futures for the yen and the dollar with all the latest money in accordance with Seryosha's latest order.

Seryosha and his companions spent the longest two days of their lives, calling Yuri every day for the latest news, but it didn't help.

It wasn't until two days later that things finally came to an end.

On September 22, 1985, the finance ministers and central bank governors of the United States, Japan, the Federal Republic of Germany, the United Kingdom, and France held a press conference at the Plaza Hotel, announcing that the governments of the five countries had decided to jointly intervene in the foreign exchange market and induce the exchange rate of the US dollar against major currencies to depreciate in an orderly manner.

The press conference has not yet ended, and even the reporters present have not finished writing the financial briefing, and Wall Street, not far from the Plaza Hotel, is already boiling.

Almost all the institutions began to frantically sell the dollar in the market, buying the yen and the mark.

And those off-the-counter foreign exchange investors can only stare at this wealth at this time, because it is the weekend, all the foreign exchange entrusted trading companies are in the rest stage, and only large banks operating in transnational countries can afford to enjoy this wealth.

So in the past two days, everyone focused on the Japanese market, because after the agreement was signed, the first to accept the challenge was the Japanese foreign exchange market.

On Monday, September 23, the foreign exchange markets of the countries of the Eastern Hemisphere opened one after another.

Japan was the first to face the first round of challenges.

As soon as the market opened at 9 o'clock in the morning, the yen immediately stood at the highest point of the year against the dollar.

The foreign exchange market, which used to be as calm as water, is like being thrown into a bomb, setting off stormy waves.

After the opening, the yen began to rise sharply like a rocket.

In order to prevent the currency from rising and falling, the Bank of Tokyo and the Bank of Japan have been closely monitoring the fluctuations of the yen.

Is the appreciation of the yen a loss-making deal for Japan?

From now on, it is absolutely not, because although the appreciation of the yen has pushed up the production costs of Japan's manufacturing industry, it has also helped Japanese financial institutions to invest overseas.

Despite Japan's economic status, the yen has the smallest market among the world's major currencies, and it is not even as important as the Italian lira in international settlements.

Experts from the Ministry of Finance and the Bank of Japan believe that the appreciation of the yen will expand its application in the field of international settlement, which means that Japan, which lacks resources, can use the yen to buy more raw materials and resources in some parts of the world, thereby indirectly reducing the production cost of Japan's manufacturing industry.

Based on this theory, the Ministry of Finance is extremely optimistic about the expectations of the signing of the agreement, and some bureaucrats in the Ministry of Finance who hold an extreme position believe that it will not be long before Japan can buy the entire United States after the Plaza Accord.

Under the influence of this trend, the voices that oppose the Plaza Accord have all been silenced, and of course these are all for later.

After seeing the performance of the Japanese market, Seryosha's heart finally put it in his stomach.

The stability of the foreign exchange market does not mean that Seryosha can only passively rely on the foreign exchange market to make money.

In the evening, with the opening of the London market, the foreign exchange futures invested in Nastya made Seryosha net nearly hundreds of billions of dollars in a single day.

At the beginning, due to risk considerations, Seryosha adopted the safest way to exchange money directly with the Bank of Tokyo through financial channels such as the Bank of Colombia.

In the UK forex futures market, only about one-tenth of the total amount of funds is invested.

Seryosha knows that this is largely due to the emotional influence of investors.

So he decisively commanded Nasjia to quickly close the futures contract in his hand and harvest the first fortune.

This money is about 150 billion US dollars, and Seryosha plans to transfer 100 billion US dollars to the empty foreign trade bank account to deal with the mad dog of Ligachev, and the rest will continue to be sent to Japan through the Bank of Colombia to wait for appreciation.

In addition to this, there is one more thing that Seryosha needs to take care of personally, and that is the problem of Gaidar.

Just about a month ago, Gaidar suddenly broke into Seryosha's office. bluntly told Seryosha that Ligachev wanted to use him to spy on the details of the VTB and make Seryosha pay attention.

Seryosha even thought at that time that Gaidar was not trying to be promoted, and he went crazy thinking about it.

It wasn't until Gaidar told Seryosha what was going on that Seryosha accepted Gaidar's statement with half convincing.

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On the same day, Seryosha first asked Gaidar to go back and wait for his reply, and did not enthusiastically accept the economist who took refuge in him.

However, Seryosha still had an eye on it and asked his KGB friends to investigate what Gaidar had mentioned.

Soon, everything Gaidar said was confirmed.

Seryosha invited Gaidar over and asked him directly why he did not accept Ligachev's conditions, and Gaidar gave an answer that Seryosha could not have imagined, saying that he would rather exchange the post of deputy editor-in-chief of the newspaper Izvestia for the post of director of the Youth Scientific and Cultural Center.

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