All I can say is that it's still under his control for now.
"Boss, should we join the short-selling army too?" Wangcai reminded him at this moment.
Despite having already placed tens of thousands of positions in the Singapore market, who would complain about the money burning in their hands?
Chen Dong immediately nodded, indicating that they could join the short sellers, but added, "They should know when to stop."
Upon hearing this, Wangcai nodded and excitedly went to assign tasks.
For them, joining meant receiving generous rewards.
But Chen Dong and George Soros weren't the only ones who saw this feast. Tiger Fund, Omega Fund, and many other private equity firms across the ocean, now unknown but destined to become famous, all rushed in like sharks smelling blood, following in Soros's footsteps.
This is the keen sense of apex predators; ordinary investors would never even realize what's happening.
Soon, a large number of sell orders appeared in the spot market. Moreover, at almost the same time, the same scene occurred in another battlefield, the futures market.
The Thai baht has been falling against the US dollar for several days, and it's hard to say which is influencing which. This is yet another attack following the previous tentative attack by international capital.
at this time.
The Bank of Thailand can no longer afford to pay attention to the fluctuations in the futures market and can only concentrate its limited resources on dealing with the enormous selling pressure from the spot market.
Inside the trading room of a Thai bank.
"Sowadika, this is... Okay, okay, I'll get on it right away."
"What should the bank manager do? All the calls are from people asking to sell Thai baht."
"Quickly, quickly, call for help! We can't hold on any longer!"
Inside the trading room, everyone was in a panic. Phones were ringing off the hook, all of them asking to sell Thai baht. It seemed like the calls never stopped.
......
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