Chen Dong woke up and found himself reborn in 1990, a time when gold was everywhere. Carrying the regrets of his past life, he started by selling tea eggs...
Financial crises, oil crises, gra...
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Mexico.
The governor of Mexico’s central bank, the Bank of Mexico, is holding a report on a preliminary analysis of buyers and sellers in the real-time market, stroking his beard as he carefully examines it.
The contents of this report are simply absurd, claiming that a large amount of US dollar capital is leaving the market, totaling $9.5 billion, while less than $800 million is flowing into the market.
Given this unusual phenomenon, the peso faces downside risks.
Although he was very reluctant to believe the predictions in the report, he had to admit that what it said might be true. So, after thinking for a long time, he finally dialed the number: "Hello, this is Currens. Please transfer me to the President's office."
After a long while, a voice finally came through. "Collens, this is Zelens, a staff member of the president. The president is busy right now. If you need anything, just let me know and I will pass it on to him immediately."
“There have been obvious abnormalities in the foreign exchange market, and the capital outflow is becoming increasingly serious. I would like to ask whether we should convene an emergency meeting immediately to discuss the current monetary policy issues.”
The aide knew that Currence meant he wanted to devalue the currency.
In fact, Zelenskyy shared the same opinion. Before the current government officially took over power, he had proposed a bill to devalue the currency, but it was rejected by the previous government.
"Is the situation serious?" Zelens asked, somewhat surprised.
Collins gave a brief report on the situation. After listening to his report, Zelens breathed a long sigh of relief and said to Collins, "There will be a meeting at the Presidential Office next Monday. All the economic officials will be there, including the Treasury Secretary, and relevant decisions will be made then."
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