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Text Chapter 599 Ridiculous Exchange Rate

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    "Is it that exaggerated? What is the exchange rate of U.S. dollars to rubles on the black market now?" Although I have known for a long time that the official exchange rate of rubles to U.S. dollars is nonsense. Even in China today, the official exchange rate is  Four point five to one, that is to say, four and a half RMB can be exchanged for one US dollar.

    However, Liu Dong rarely saw anyone who could use such an exchange rate to remit US dollars. Not to mention private individuals, even companies. As long as the US dollars handed over to the central bank were to be taken back, it would take only one or two years.  Things that can be done.  Therefore, only those companies that have independent control of US dollars can be so popular. For example, if they have three barrels of oil, they can retain part of their US dollars, so they can live a very comfortable life, especially now that oil exports are the largest way to obtain US dollars domestically.  The amount of U.S. dollars they can handle is really quite large.  But even so, it is not easy for them to obtain US dollars privately.  Eight yuan of RMB for one US dollar is an absolute favor price, and ordinary people cannot get it at all.

    ¡°At least leaders at the deputy ministerial level or above are required to obtain some U.S. dollars from companies that can freely use U.S. dollars.  Huanya opens the way in China, and most of the time, it is paid in US dollars.  For Huanya, the money is not much, but in China, it is definitely a universal thing. From top to bottom, there is no one who doesn¡¯t like it.

    Even if Liu Dong opens the U.S. dollar at the same exchange rate as Three Barrels of Oil, it would be a kind thing for those who have no access to Three Barrels of Oil.  You know, in the current domestic black market, one US dollar can be exchanged for 13 or 4 RMB, which is priceless and has no market. As long as there are US dollars shipped, they can be robbed immediately.

    Of course, Huanya will definitely not do such a thing. After all, the current domestic market is so big, and Huanya has a lot of funds. No one can eat Huanya's US dollars, and it is easy to be targeted by financial management departments such as the central bank.  Above, the gain outweighs the loss.  Therefore, the U.S. dollars in Huanya are now basically only circulating at the upper level.  For leaders in need, it is definitely much easier to get U.S. dollars from Huanya than to get U.S. dollars from three barrels of oil.  After all, even if they have the right to freely control three barrels of oil, the bulk of it is still turned over. They may not have enough for themselves, so how can they open up the supply?

    But Huanya is different. Although Huanya's overseas businesses are now basically investments and there is not much income, it is still easy for Huanya Finance to get some US dollars from the financial market to support the family.  .  Compared with state-owned enterprises like Three Barrels of Oil, Huanya's degree of foreign exchange freedom is too high.

    This is true even in China, let alone the Soviet Union, which was in even more financial chaos.  Although the ruble was devalued on a large scale after the collapse of the Soviet Union, the disintegration is not that far away now. So the exchange rate on the black market is probably relatively high now, but Liu Dong really doesn't know the specific amount.  .

    When Liu Dong asked about the exchange rate on the black market, Levget said strangely: "I have to admit that compared to the official exchange rate, the black market is much more generous. It is now about ninety rubles per dollar. But due to the scarcity of dollars  Due to the nature of the ruble, the price of the ruble is not very stable. Sometimes it is high, sometimes it is low, but no matter how low the exchange rate is, it is never lower than the exchange rate of ninety rubles to one dollar."

    "Ninety rubles to one U.S. dollar? Doesn't that mean that the ruble is less valuable than our Chinese RMB? In our China, one U.S. dollar can only be exchanged for 13 or 4 yuan at most. This is simply ridiculous. You know  , In our official exchange rate, a ruble can be exchanged for RMB, and one ruble can be exchanged for four or five yuan of RMB. But on the black market, such an exchange rate is simply unreasonable." Liu Dong said, rubbing his forehead.

    At the official exchange rate, the ruble is worth more than the U.S. dollar and the RMB.  But on the black market, the status of the ruble is reversed. Not only is the exchange rate worse than the US dollar, it is even worse than the RMB.  As expected, the official exchange rate and actual prices are often opposite.

    Hearing Liu Dong's cancellation, Levget said without surprise: "This is not surprising. You China can be self-sufficient, but our Soviet Union cannot. In terms of purchasing power, of course the ruble is lacking. So now, it is still  The dollar is relatively stable.

    You know, I returned it to you, boss, and brought a lot of big deals. Now not only my funds are stored in our bank, but also many other people¡¯s US dollars are stored in our Huanya Bank.  Because most people don't really trust the National Bank, it is an unreliable institution.  "

    "Yes, you think about the company all the time. You have a high level of ideological awareness. So do you want to make more money? After I heard about this exchange rate, I found that there is room for us to operate. Although I am not familiar with finance.  I don¡¯t have a special understanding of things, but I can still do some simple operations.

    For example, we use our US dollars to purchase rubles from the black market, and then we can establish relationships with those in the central bank and use these rubles purchased from the black market to exchange for US dollars in their banks, one ruble.  If we can't exchange it for one dollar, then we will exchange it for thirty rubles for one dollar.

    Thirty rubles is not enough, so we will exchange it for fifty rubles.  if onlyIf it does not exceed the low price of ninety rubles we purchased, then there is room for us to make money.  In this way, a virtuous cycle can be formed by obtaining U.S. dollars from the bank, exchanging them for rubles in the black market, and using the rubles on the black market to repay the U.S. dollars.  This business should be very promising, as long as you can find a good relationship, isn't it easy to make money?" Liu Dong said.

    "Yes, this idea is good and can make money. As long as it does not exceed the low price we paid for it, even if you make one ruble, it is still a profit. But boss, do you think no one will see this kind of business? As early as  Boss, some people started doing this before you came to the Soviet Union.

    At that time, the amount of U.S. dollar reserves in the Soviet Union was much higher than it is now. People who want to make a fortune from this have already made a fortune. How can they wait for you, the boss? Now this exchange business has long formed a  In the industrial chain, why do their banks lack US dollars? It is because they are doing this business.  Do you think others will charge us if we squeeze in now? Don¡¯t think those guys in the bank are all fools.  If they were really stupid, they wouldn't know how to engage in finance.  So, boss, you better not worry about this business.  Levget said listlessly.

    Hearing what Levget said, Liu Dong touched his nose, a little embarrassed.  It seems that I still think that Lao Maozi is simple. Even a financial layman like me can see such financial flaws, let alone those experts who have been engaged in finance for a lifetime. If they don¡¯t know how to make a fortune, they will really  Their knowledge was wasted.

    "But I think we can still operate this exchange rate issue. Even if we can't operate the U.S. dollar, can't we still operate the RMB? As long as we can operate it well, we can make money, but it's just the RMB." Liu Dong said without discouragement.  arrive.

    "RMB, what is this thing used for? What is its use?" Obviously, compared to the benefits of the US dollar, Levget seems to have no interest in the RMB, a currency that is relatively useless to him.  .

    "How come it's useless? What do you use the US dollars for? You don't want to buy things, but the same things that the US dollar can buy can also be bought with RMB, and the price is much more affordable. I have a general idea. If there is a big  When a batch of goods comes from China to the Soviet Union, we only charge RMB for the fluff. Then, on the Soviet side, the goods are purchased in RMB. It is up to the people who get the goods whether they want to exchange the goods for rubles or US dollars.  , and then our bank will open a RMB exchange business in the Soviet Union. At that time, you will borrow RMB to buy goods, and then use the materials to settle the price. The price difference will be up to you." Liu Dong's words are a little bit  It was confusing and not very clear, so let alone Levget didn't understand, even Liu Dong himself was a little confused.

    This can be regarded as Liu Dong¡¯s financial knowledge is not up to par, so although he has an idea, he cannot restore this idea into words.  Maybe when we meet Robert and the Lin brothers later, we will be able to understand how to make money here.  However, the current Liu Dong and Levget will never understand it in a short time.

    Hearing Liu Dong's confusing words, Levget had a headache. He was not an expert in finance, so he didn't understand the meaning of Liu Dong's evil words.  But since the boss said it, he could only nod.  Anyway, no matter what happens, he will want US dollars, even though Liu Dong boasts that RMB can buy everything.

    But there was a question mark in Levget¡¯s mind about what exactly he could buy.  At least, the private jet that Levget has always longed for cannot be bought in RMB, and there are also private yachts. These big things, RMB will express a lot of pressure.

    Although Liu Dong and his group were sitting in the car, occasionally looking out of the car window, they could find that even Moscow, the capital of the Soviet Union, was not in good shape right now. The people walking on the street were in high spirits.  They didn't look very good, and their clothes looked very old. Along the way, there were not a few people wearing new clothes at all.

    You know, this is Moscow, the capital of the Soviet Union, which is equivalent to the emperor's feet.  But even the people here don't seem to be living a good life. In addition to the fact that the house is much better than the current stable, the people walking outside are much poorer than the people inside the stable.

    One is thriving, the other is declining.  Even an outsider, a person who doesn't know what the future will hold, can see that this huge and young empire has quickly entered its old age. No one knows what the future of the Soviet Union will be, except Liu Dong.  .
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