As evening approached, Ah Hu returned home looking completely dazed.
Meanwhile, Bai Xue had been anxiously waiting for him inside the house all day.
"Honey, why are you so late? Have you eaten?"
Upon hearing Bai Xue's voice, Ah Hu raised his head somewhat blankly, then suddenly came to his senses and said with a look of anxiety.
"Bai Xue, hurry back to your room and pack your things. Go back to your parents' house for a few days."
"What's wrong? What happened? What's been wrong with you these past few days? Honey, I beg you, please tell me what happened, okay? You know, seeing you like this really scares me, I'm so scared."
Tears streamed down Bai Xue's face, and soon Ah Hu's shirt was soaked.
"It's too late. If you want to know, I'll explain it to you in a few days. Now, hurry back inside and pack some clothes to change into."
"Okay, I understand."
Seeing Bai Xue turn and walk into the bedroom, Ah Hu quickly walked to a drawer, opened it, took out a file folder, handed it to Bai Xue, and gave her some instructions.
"Please keep this file folder for me for now. Bring it back to me when I pick you up in a few days."
"Oh, right, honey, you know the password to our bankbook too, so bring the bankbook with you."
"Husband, has something happened? Tell me..." For some reason, hearing Ah Hu's voice, which sounded like he was making his final arrangements, made Bai Xue feel increasingly uneasy.
"Anyway, don't ask any more questions. I promise you, I'll tell you everything in a few days. Now, let's go."
Only after the door slammed shut did Ah Hu sit down on the floor and burst into tears.
He didn't want to offend either Jiang Fei or Chen Dong; one had grown up with him, and the other had shown him kindness and support.
He'll never have a good time if he offends anyone.
Furthermore, the way Jiang Fei looked at him as he left made Ah Hu feel vaguely uneasy. If it were him, knowing Chen Dong's methods of revenge and still choosing to betray him, he would also fear Chen Dong's retaliation as long as Chen Dong remained in power.
There's only one possibility: in order to cover his tracks and prevent the matter from being exposed, Jiang Fei is very likely to silence him.
Who can keep a secret? Only the dead.
Ah Hu waited, a voice inside him telling him that Jiang Fei wouldn't be so heartless. But reason told him he couldn't escape unscathed.
Therefore, just in case, he could only selectively let Bai Xue leave temporarily, and would only go to her parents' home to pick her up once he was sure it was safe here.
However, he never expected that Jiang Fei's retaliation would come so quickly.
Shortly after Bai Xue left home, there was a knock on Ah Hu's door.
......
On the other side of the ocean.
At this moment, the sky began to glow slightly white, heralding the arrival of a new day.
Just last night, during Singapore trading hours.
The Thai baht contract quickly rose from the closing price of 16.41 baht to 1 US dollar to 25.99 baht to 1 US dollar, an increase of 1.55%.
Don't underestimate this number; currency market contracts are generally magnified a thousandfold. The exchange rate shifted from 26.41 Thai baht to 1 US dollar to 25.99 Thai baht to 1 US dollar, equivalent to an increase of 42 basis points, a spread of 420.
New York.
Inside a commercial building.
Robertson slammed the file to the ground, letting out a furious roar of resentment.
"Damn it, the worst-case scenario we predicted has indeed happened."
At this point, Tiger Fund faced not only losses from the futures market, but also high offshore lending rates.
The interest rate was outrageously high, 1000%, which caused even the usually humble and reasonable Robertson to burst into a tirade.
During the Asian trading session, the bears did not offer no resistance; on the contrary, they launched a new attack on the Thai baht in both markets.
Unfortunately, their opponents were two countries, namely the Singapore Monetary Authority and Thailand's BOT, which together used more than US$14 billion of foreign exchange reserves.
This time, not only was the Thai baht firmly fixed within the prescribed fluctuation range, but the exchange rate of the Thai baht in the spot market was also significantly increased, which dealt a double blow to international hedge funds such as Tiger Fund.
Tiger Fund's current Thai baht holdings, converted to US dollars, are approximately $2 billion.
In fact, many hedge funds on Wall Street participated in the attack on the Thai baht, but in terms of scale, it was far smaller than the attack on the Bank of England.
Unlike the compassionate and empathetic Quantum Fund led by Soros, Tiger Fund, led by Robertson, is a thorough money-lover.
He doesn't care if Thailand loses countless jobs due to the devaluation of the baht; all he wants is countless US dollars.
The only factor that can limit Tiger Fund's ability to expand its positions is cost.
The offshore interbank lending rate is a concept derived from the interbank lending rate.
Because an open financial market inevitably attracts foreign banks, markets that do not use the country's own currency are called offshore markets.
This market is naturally dominated by foreign investors, and the offshore interbank lending rate is the interest rate specifically for foreign investors.
The earliest countries to use the mechanism of raising offshore interbank lending rates were Britain and France, and this approach was later adopted by major central banks.
When the Thai baht was severely impacted, BOT raised the offshore interbank lending rate to 1,000%.
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