Rebirth: Super Banking System

Chapter 2530: Chapter 2368: Asia Dollar Market Share

October 10.

“In countries such as France and Germany, a large number of people are taking to the streets to protest, hoping Portugal will leave the group.”

Euro slightly down!

…

October 15.

“An insider from the European Central Bank revealed that the euro’s global payment ratio continues to decline, reaching a historic low, with euro credit in doubt.”

Euro slightly down!

…

October 20.

“According to insiders, some Eurozone countries’ original currency management departments are frequently meeting, possibly preparing to reclaim currency authority.”

Euro slightly down!

…

For a moment.

True.

False.

Partially true and false. Various messages filled the European public opinion. Eurozone countries wanted control, but it was impossible since it’s not under their jurisdiction.

Earlier.

Regarding the Asia Dollar issue, the European Union lent support briefly with little effect. This time they hoped other countries in the EU would help pressure, but they wouldn’t listen.

Help you?

Ha!

Not kicking you when you’re down already gives you face. What are you thinking? They know very well that the existence of the euro has caused dissatisfaction in some countries from the start.

In prosperous times.

No problem.

But relying on others to lend a hand during crisis is wishful thinking.

…

“Bang!”

“These bastards have no sense of the bigger picture.”

“Damn it.”

“…”

The resentment in France and Germany’s hearts! In just one month, the euro’s drop exceeded fifteen percent, a historic record.

Confidence-boosting measures.

Useless.

Almost no one buying into it.

This isn’t scientific.

Yet no abnormalities were found, since in normal logic, there’s a high probability of restoring some capital confidence. But there’s also a risk that people don’t believe it.

Apparently.

This time.

A low-probability event occurred.

“Right now, the situation isn’t good, the euro is down, market confidence is lacking. If not for the core euro countries’ reputation holding up, it would drop even more.”

“Many capitals have confidence in the euro, but short-term expectations are not very good, so they’re choosing to be cautious.”

“Any good ideas?”

“No.”

“Just watching? What are those experts doing? Are the think tank’s funds gone to waste?” someone angrily slammed the table and started cursing.

“…”

In the end.

“Fine, let it drop, it’s not going to crash anyway.”

Regarding this.

Those present were very confident. The Eurozone didn’t reach where it is today by luck, but by its own strength. With that foundation, it can recover even if it drops.

…

The core Eurozone countries don’t know that Tang Qing truly wants, not financial market fluctuations, but to shake confidence and impact its share in international trade.

Inflows.

Outflows.

Stock Market.

Exchange Rate.

Bonds.

…

The purpose of everything is for this currently undervalued area by the Eurozone. To give them something to do, so they stop staring at the Asia Dollar.

…

Euro plunges.

Deep impact.

Various countries.

Many companies still holding euros are cursing and quickly exchanging it for other currencies, otherwise their costs would rise.

Therefore.

Dollar.

Starting to rise, which is inevitable. The largest destination for safe-haven funds is still the United States. As for the second choice, looking worldwide—

Hmm.

The Asia Dollar seems pretty good too.

Additionally.

A large amount of medium and low-end products can be transacted using the Asia Dollar.

Thus.

Switching to the Asia Dollar became the second choice. With the Eurozone situation unstable, those true and false messages will still take time to ferment. No interest in gambling.

One month.

With such a drop, damn, it’s heart-wrenching!

…

So.

By the end of October.

“Euro fluctuating persistently, with stock market, bond market, and forex market all plummeting, euro’s advance looks precarious while dollar rises, and Asia Dollar seizes the chance to rise again.”

“So far.”

“Asia Dollar’s share of international commodity trade payments has already surpassed ten percent, while the euro has dropped from twenty-seven percent to twenty-two.”

“…”

An article.

Released by an authoritative statistical agency.

Seeing this.

Countries were also slightly shocked. The euro’s lost payment share was snatched by the Asia Dollar instead of the supposed United States.

However.

Think about it.

Euro capital flight is mostly financial capital, while the real economy is mainly for commodity trade services. And most of the world’s trade is in low-end products.

Clearly.

Switching to Asia Dollar allows enjoying extra benefits.

Naturally.

Choosing a currency with fixed exchange rate to mitigate exchange rate risks is very wise. In short, this event gave the dollar advantages in finance.

The Asia Dollar seized benefits in trade payments.

…

November.

Beginning.

Xin’an City.

Suburb.

Finished farming, and looking again at the European situation, Gitti smirked bitterly. Without that force pushing, she’d never believe it no matter what.

For some reason.

This force is very keen on promoting the internationalization of the Asia Dollar.

Initially.

It seemed insignificant.

Nowadays.

It has become the world’s third largest international trade currency. Logically speaking, the payment landscape of various currencies is almost set, with no major changes expected.

Yet.

With mysterious maneuvers.

Step by step.

It gobbled up other currencies’ share.

UK Brexit.

Greece withdrawing.

European unrest.

…

Likely all have its traces; otherwise, how would each coincidence add up to making euro turn out this way. Outsiders might see it as an accident.

But being in the middle of it, she wouldn’t think that way.

Setting up schemes.

Is what the force behind the scenes is most adept at. Just like her, captured initially, held for over a year, released to act as a liaison with American consortiums.

The US side thought she called the shots.

Little did they know.

She was just a pawn. She suspected more than once whether Myanmar had obtained some alien technology, as many things remained inexplicable.

For example, behavior.

Consistently arrogant.

Question is.

Where does this confidence come from? To believe the US wouldn’t strike against them, not just once erasing agents worldwide into oblivion.

Explanation?

No explanation, people are gone, what does it have to do with me.

Truly fearless.

But.

They just did it, not afraid of the US’s accidental bombing sending Ling to heaven. Even for her own ’face’, she wouldn’t dare be so reckless.

Confidence.

She saw powerful confidence.

Just not sure what this confidence is specifically, anyway it’s definitely not Western powers. Otherwise, why need all this, totally unnecessary.

Suddenly.

A contact person’s voice reached her ears.

“Gitti.”

“Here.”

“On task.”

“Yes.”

Looking back.

Another encounter with someone from the consortium. Recently, her main task was this, but oddly, the tasks have lessened.

As if several consortiums suddenly have no issues anymore. She wouldn’t naively think it was because of her. She’s aware of that.

Boarded the car.

Soon.

Arrived at… Hiss!

Gitti took a deep breath, it was the Presidential Palace, where Ling offices. This was her first time here, could there be any big moves?

Thinking of this made her heartbeat involuntarily accelerate.