Chapter 194: Finally, the Decline Has Stopped!

The white-haired old man tapped the tabletop lightly.

The crowd quieted down one after another, yet their faces still bore expressions of shock or horror.

The white-haired old man continued:

"Long Country has an idiom that says, 'Do not pursue a desperate foe.' Tianqi Group has such a desperate stance that there is no need for us to get involved, lest we bring trouble upon ourselves."

"Moreover, the capital they are deploying is truly massive. This will inevitably be a currency war with extreme risks; we cannot participate."

Others also chimed in one after another:

"That's right. Although Tianqi Group is arrogant, they usually act with a sense of proportion. The fact that they have raised so much capital this time to snipe the Sakura Coin shows that they are likely prepared to stop at nothing."

"There is no need to provoke such a person."

"Besides, with such a large sum of capital, even if we joined forces with Sakura Country, plus those financial groups, we might not necessarily be able to handle it."

"The key is that there isn't enough time. Even if a resolution were passed, we couldn't possibly raise that much capital in a short period to confront Tianqi Group."

"Once we act too late and the Sakura Coin has already begun to depreciate, then everything will be too late."

"There is one more thing everyone must not forget: behind Tianqi Group stands Long Country, and Long Country also holds quite a lot of Sakura Coin on hand."

"If it comes to a critical moment, Long Country cannot possibly watch Tianqi Group fall into danger."

At this moment, one of them asked:

"Then what about Sakura Country?"

Once these words were spoken, everyone was silent for a while.

The white-haired old man said indifferently, "What else can be done? This is trouble Sakura Country brought upon itself; we have no obligation to risk our lives for them."

"And another thing..."

"Since we are not stepping in to help Sakura Country, with such a massive amount of capital from Tianqi Group, they will surely succeed in their sniping."

"At that time, the Sakura Coin will depreciate significantly."

"And we hold quite a lot of Sakura Coin on hand."

The white-haired old man sighed lightly.

The others immediately understood the implication.

One by one, they changed their attitudes.

"Before the Sakura Coin depreciates, we must exchange it for Eagle Dollars or other currencies as quickly as possible."

"We must also have someone to take over the position."

"Then let's first fool Sakura Country and let them spend more money to take over the position."

"Then release some fake news, saying we are preparing to go all out to save the market, to attract more private capital or foreign financial groups to enter the game."

"When the time is ripe, we will also sell off our Sakura Coin and make a big profit following Tianqi Group."

"Tianqi Group's capital is too robust. While this ensures the success of the sniping, it might not necessarily be a good thing. When the Sakura Coin crashes, they might still have a lot of Sakura Coin left in their hands, only to be stuck with it."

"In the end, perhaps only we will profit from this financial war."

"By the way, remember to arrange for people to cover up the specific news of Tianqi Group raising funds as much as possible; do not allow anyone to investigate."

Today is already January 20th, the 12th day of Tianqi Group's offensive against Sakura Country.

Of course, since the stock market is closed on Saturdays and Sundays, and foreign exchange trading does not have the concept of market closure, this is also the eighth day of Tianqi Group's attack on the Sakura Country stock market and the fifth day of sniping the Sakura Coin exchange rate.

Over these twelve days.

Sakura Country's stock market and exchange rate both fell under the attack of Tianqi Group.

The stock market index fell repeatedly.

The exchange rate of the Sakura Coin against the Long Coin and the Eagle Dollar also declined repeatedly.

And the downward trend became increasingly fierce.

Naturally, Sakura Country was extremely nervous about this.

On one hand, they went all out to mobilize funds to slow down the downward trend of the Sakura Coin exchange rate as much as possible; as for the stock market, they temporarily gave up and let the major car companies struggle on their own.

On the other hand, they sent several teams to seek help everywhere. For example, the team arranged to negotiate in Yingjiang Country was waiting anxiously in a hotel outside the Black Palace to discuss the results.

This afternoon.

This team finally received notification.

"Rest assured, Sakura Country is our loyal little brother; I will definitely help you with all our might."

"A mere Tianqi Group is not even worth mentioning in front of our two great nations."

"We will not only take action ourselves, but we will also arrange for multiple financial groups to take action together."

"However, we need time to raise funds. You know that Tianqi Group's capital is indeed very robust; even we have to be cautious."

"Therefore, before we raise enough funds, you must hold on for a few more days. Once our funds are in place, we will take action immediately and push the Sakura Coin exchange rate up in one fell swoop."

"Rest assured, with us here, there will absolutely be no problem with the Sakura Coin."

"Not only that, we will also crush Tianqi Group in one fell swoop and make them go bankrupt. At that time, we will divide up Tianqi Group's subsidiaries together."

"As long as you can hold on for a few more days, victory will come. As long as we win this currency war, all losses can be recovered."

These words were quickly relayed back to Sakura Country.

This made their top leadership full of confidence.

"As long as Yingjiang Country steps in, Tianqi Group's offensive is not worth mentioning."

"Let's hold on for a few more days!"

"Sell off more other assets and raise more funds. Now is not the time to care about these immediate gains and losses. As long as we can stabilize the exchange rate, any cost is worth it."

"If we can really crush Tianqi Group in one fell swoop and acquire one or two of their subsidiaries, all our losses can be recovered."

"The only pity is that we still haven't found out exactly how much capital Tianqi Group has raised; their funds are too widely dispersed."

"If we knew their limits, we would have more confidence."

"Never mind that for now; regardless of what their limit is, we must do our utmost to stabilize the exchange rate. Now that we have the help of Yingjiang Country, we are sure to win this battle!"

After discussing it, the group issued an official statement, announcing a series of policies to stabilize the exchange rate, such as adjusting interest rates, controlling the money supply, and restricting capital flows and foreign exchange trading.

Furthermore.

In an interview, someone from Yingjiang Country publicly condemned the immoral behavior of Tianqi Group in attacking the currency of Sakura Country.

Media also reported that Yingjiang Country was mobilizing funds, preparing to personally enter the fray to intervene in this currency war between Tianqi Group and Sakura Country.

This series of news gave many people hope for a victory for Sakura Country.

Starting the next day, many retail investors and capital firms entered the market one after another, buying large amounts of Sakura Coin.

They knew that as long as Yingjiang Country stepped forward and joined forces with Sakura Country, defeating Tianqi Group was inevitable, and to defeat Tianqi Group, they would certainly have to push up the value of Sakura Coin.

Therefore, by buying Sakura Coin in advance at this time, they would be able to make a big profit when the time came.

Although there were still risks involved.

But who among those playing the foreign exchange market isn't a gambler?

With such positive news, how could everyone not be tempted? Who would still care who the opponent was? As long as they could make money from it, they would join in.

And at this moment.

There were also some large financial groups still watching from the sidelines.

Because these keen large financial groups discovered that the officials of Yingjiang Country had not made an official statement, let alone said directly that they would help Sakura Country.

And most importantly, the several top financial groups of Yingjiang Country had made no moves.

One must know that given the system of Yingjiang Country, the information of these financial groups is very well-informed; only their actions can represent the true attitude of Yingjiang Country.

If Yingjiang Country were truly prepared to help Sakura Country stabilize the exchange rate and push up stock prices, how could those financial groups not take the opportunity to make a huge profit?

Yet now, they were as steady as Mount Tai, as if they were completely unaware of this currency war.

Clearly, there was something fishy going on.

Ordinary people and those reckless small financial groups would only judge the situation based on rumors and could only see the surface of things.

But some truly large financial groups, with connections reaching the heavens and deep networks, acting with extreme caution, how could they be easily fooled?

From these clues, these large financial groups even deduced the true situation.

In the eerily atmospheric foreign exchange market.

With the influx of that scattered capital, the exchange rate of Sakura Coin gradually stopped falling.

Seeing this scene, those few people in Sakura Country were almost moved to tears, while also being incredibly excited.

"Finally... it has finally stopped falling!"

"Keep it up, hold on for a few more days, and when Yingjiang Country also takes action, we will definitely win!"

"Not only must we stop the decline, we must also pull the exchange rate back to a normal level, or even push it to a high point, to crush Tianqi Group in one fell swoop!"

The stabilization of Sakura Coin gave them a glimpse of hope for victory and greatly increased their confidence in maintaining the exchange rate, while also causing them to subconsciously ignore some things that were not quite right.