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Chapter 329

~7 min read 1,233 words

The Finnish markka was automatically pegged to the German mark. After Germany raised interest rates, the Finns exchanged their Finnish markka for German marks one after another. By the end of August, the exchange rate of the Finnish markka against the German mark continued to fall.

Many people analyzed and believed that Finland would never let its local currency continue to fall, and now was the time to bottom-fish. Sure enough, in order to maintain the parity, the Finnish Central Bank had to sell German marks to buy Finnish markka.

Entering September, the Finnish markka began to rise slowly, but most people ignored a very important problem, which was that the German marks of the Finnish Central Bank were limited.

The fat woman still trusted Green very much, after all, her assets had been growing under Green's management.

"Okay, I'll go to the bank now and transfer the money to the fund account."

The fat woman got up and kissed Green very reluctantly; "Dear, come to my house tonight, I have prepared a sumptuous dinner for you."

As soon as Green thought of her two-meter-tall, three-hundred-pound British husband, he couldn't help but shiver.

"Your husband..."

"He went to Birmingham and it will take a few days for him to come back." The fat woman looked at Green very charmingly, "So, today, we will have a very romantic night."

Looking at the fat woman's feigned charm, Green endured the discomfort in his stomach and smiled reluctantly.

Seeing Jian Qiu sat on the sofa in the client room, looking at an English newspaper, and didn't wait too long before the door was knocked.

"Come in!" Seeing Jian Qiu said without raising her head.

The door opened, and two women walked in, one was a foreign girl, the other was a Chinese girl, both wearing clean and neat professional attire.

The foreign girl's age couldn't be seen, but she had a temperament and was also very beautiful. The Chinese girl was about twenty-two years old, chubby, with a round face, looking very cute.

"Madam, hello, my name is Alice, she is Wang Ting, a very kind and hardworking girl. She doesn't need a salary, she just needs you to give her an opportunity to learn and practice."

Seeing Jian Qiu raised her head and sized up the two, then looked at Wang Ting and said in Chinese: "International student or Chinese?"

Wang Ting was stunned and said nervously: "International student!"

Seeing Jian Qiu asked: "What is your relationship with Alice?"

Wang Ting said: "I am her tenant. Later, something happened at home, and I couldn't afford the tuition fees for my studies, so I had to work to earn tuition fees myself, so I couldn't afford the rent and had to move out.

After Alice understood my situation, she let me be responsible for cleaning the room and cooking Chinese food for her every day, which exempted my rent. Then she introduced me to work, and I was very interested in finance, so when she had time, she would take me out to learn."

Seeing Jian Qiu nodded. If Wang Ting wasn't lying, then Alice's character was still good.

"Then stay!" Seeing Jian Qiu said: "If you do well, I will give you a remuneration you deserve."

"Thank you, thank you!" Wang Ting hurriedly bowed to thank her.

Seeing Jian Qiu shook hands with Alice and Wang Ting: "Okay, let's start working now."

There were computers in the client room, and one had been on. Alice sat down without hesitation.

"Wang, you sit next to me and be my assistant."

Wang Ting sat next to Alice and turned on the computer.

Seeing Jian Qiu said: "Open a position, 3 million, 200 times leverage, short the Finnish markka. 7 million, 200 times leverage, long the German mark."

Alice was stunned for a moment, then without any hesitation, she guided Wang Ting while operating.

The next day, Green came to the company with floating steps and saw a black ghost coming out of the office.

"Hi, Stock, any good news today?"

Stock shrugged: "No good news, but there is bad news."

Green said with a smile: "What bad news?"

Stock said: "As soon as the market opened today, the Finnish markka began to fall."

"What?" Green almost jumped up, his face changed drastically: "Finnish markka falling?"

"Don't worry, don't worry!" Stock showed a mouthful of big white teeth: "We have analyzed it, this should be a technical adjustment, the decline will not last too long."

Green let out a long breath, but still couldn't rest assured. He ran quickly to the office, turned on the computer, and after analysis, he was very sure that this was a technical adjustment.

Alice and Wang Ting came to the large client room. Seeing Jian Qiu hadn't arrived yet, and the two turned on the computers.

"Alice, the Finnish markka has fallen." Wang Ting shouted excitedly.

Alice said calmly: "This might be a technical adjustment, don't be happy too early."

Wang Ting calmed down immediately: "Alice, should we remind Miss Jian?"

Alice said seriously: "You must remember, we are just traders hired by the boss. If the boss asks, we can express our opinions, but if the boss doesn't ask, we can't talk too much. We do what the boss says, and try our best to do it well."

Wang Ting nodded: "I know."

At this time Seeing Jian Qiu arrived, and the two hurriedly stood up: "Boss!"

Seeing Jian Qiu waved her hand: "How is the situation?"

Alice said: "As soon as the market opened today, the Finnish markka began to fall, and the German mark is very stable."

Seeing Jian Qiu nodded: "There won't be too much fluctuation in these two days, but the downward trend of the Finnish markka is already unstoppable."

Wang Ting opened her mouth wanting to say something, but thought of Alice's instructions, and in the end, didn't say it.

For the next two days, the downward trend of the Finnish markka became more and more obvious, finally making Alice realize that her previous judgment might be wrong.

But there were still many people who believed that the Finnish government would absolutely not let its local currency fall, and would definitely continue to take measures.

September 8, 1992, Tuesday.

Germany announced that it would not make any commitments on future interest rates.

Wall Street was like a shark that smelled blood, crazily selling off the Finnish markka.

Finland was forced to abandon the fixed exchange rate system, announced that the Finnish markka was decoupled from the German mark, and floated freely. The Finnish markka fell by nearly 15% in response.

Seeing Jian Qiu smiled. Her pressure had also been quite high these past few days. If they really lost everything, she would work for Zhou Andong for a lifetime and still wouldn't be able to pay off this money.

"200 times leverage, 3 million, short the Swiss franc."

"Received!" Alice answered, her hands typing quickly on the keyboard.

At this time, the blood in her body had begun to boil, because she realized that she might have encountered a once-in-a-lifetime great opportunity.

"Bang!" Green smashed his fist on the desk, looked at the computer screen, and roared angrily: "How could this be?"

Immediately after, there was another bang, Stock bumped the door open and broke in: "Green, hurry up, the boss is holding an emergency meeting."

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End of Chapter

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