Siheyuan starts from a better life

Chapter 1010 Exchange Rate
It's just that this time needs to stop in the 1980s. With the coming to power of American President Reagan, the launch of the Star Wars program, and Russia's militarism, that good life is gone forever, leaving only the mess we have today.

"Boss, the shortage of supplies here is more serious than we thought. You see, they are like crazy today. I guess what we have won't last long." Looking at the nearly 200,000 rubles on the table, Xu Damao said with bloodshot eyes.

At this time, Xu Damao had only one thought in mind, which was to quickly get supplies and do international trade here. This was simply like robbing money, and it was even faster than robbing money.

Jiang Yan nodded and lowered his head to think.

At this time, everyone was looking at Jiang Yan eagerly. They were also a little confused by the current complicated situation and could only wait for Jiang Yan to make a decision.

After a long time, Jiang Yan said, "Now there are two things. I will take Lao Wei to the black market to exchange rubles for US dollars."

"This will result in a lot of losses." Xu Damao said.

The official exchange rate set by Russia is now 0.55 to 1 US dollar, while the exchange rate on the black market is 0.6 to 1 US dollar. If you exchange it on the black market, you will basically lose one-tenth of the amount.

Jiang Yan shook his head. "There's nothing we can do about it. Going through official channels is too slow, and it's easy for them to not pay out with all sorts of excuses."

For example, the bear and the flower grower both have a word, that is, foreign exchange control. It does not mean that you can exchange foreign exchange if you have money, especially large amounts of foreign exchange.

Foreign Exchange Control refers to restrictive measures on the inflow and outflow of foreign exchange implemented by a government in order to balance international payments and maintain the exchange rate of its own currency. In my country, it is also called foreign exchange management. It is an international trade policy that restricts imports by restricting international settlement and foreign exchange transactions through laws and regulations.

Foreign exchange control is divided into quantity control and cost control. The former refers to the direct restriction and allocation of the quantity of foreign exchange transactions by the State Administration of Foreign Exchange, and the purpose of restricting exports is achieved by controlling the total amount of foreign exchange; the latter refers to the State Administration of Foreign Exchange implementing a multiple exchange rate system for foreign exchange transactions, and using the difference in foreign exchange transaction costs to adjust the structure of imported goods.

Generally, the government authorizes the Ministry of Finance, the central bank or another specialized agency to implement foreign exchange control. For example, after the implementation of foreign exchange control in 1939, John Bull designated the Ministry of Finance as the authority to decide foreign exchange policy, and the Bank of England implemented specific measures of foreign exchange control on behalf of the Ministry of Finance.

In the United States, the Ministry of Finance is responsible for foreign exchange control; Italy has set up a special agency for foreign exchange control, the Foreign Exchange Control Bureau. In addition to official agencies, some countries also have their central banks designate some large commercial banks as designated banks for foreign exchange business, and centrally handle all foreign exchange business in accordance with foreign exchange control laws.

In the Bear country, the State Administration of Foreign Exchange is responsible for foreign exchange, and any large-scale exchange must be approved by the State Administration of Foreign Exchange.

According to Jiang Yan's understanding of the domestic foreign exchange system, it is basically very difficult to exchange foreign currency smoothly at the official exchange point in Russia.

In the early 70s, a very large oil field was discovered in the Siberian region of the Russian Bear. Almost at the same time, after the outbreak of the Fourth Middle East War, the oil-producing countries in West Asia decided to use oil as a weapon to fight back in protest against the policies of the Western powers. On the one hand, the oil-producing countries in West Asia reduced their oil production on a large scale, and on the other hand, they greatly increased the price of oil, causing the "oil crisis." This oil crisis had a serious impact on the economies of Western countries in the 70s. During this period, Russian oil occupied a large share of the international market. Relying on the huge profits brought by oil, the national strength of the Russian Bear entered its heyday.

In the 80s and 100s, Russia began to compete with the United States in Africa, South America and other regions. Russia was in a clear offensive position, while the United States was in a clear defensive position. Due to various constraints, the United States was obviously unable to do so. At that time, Russia's national strength was indeed very strong. In the early 60s, the exchange rate of the Russian ruble continued to increase. At the highest exchange rate, US dollars could only be exchanged for more than rubles. In other words, you can imagine the confidence of ordinary people in Russia at that time. The unbreakable alliance was not called for nothing.

So the ruble was quite popular internationally at that time, and exchanging it for the US dollar was not a problem. However, now, the Eagle Sauce has begun to encircle the bear in various aspects. The most direct one is oil. In the mid-80s, the international oil price fell sharply, and the bear's oil era ended. The bear's investment in various aspects is too large, and it is impossible to adjust quickly at once. At the same time, the bear has too much aid to Vietnam and other countries. Over time, the bear has a series of problems. In the late 80s, in nominal live donkeys, 100 US dollars were still exchanged for 90 rubles. But in actual financial transactions, 100 US dollars can be exchanged for more than 100 rubles. From this time on, the purchasing power of the ruble is no longer as good as that of the US dollar.

Moreover, the Russian bear is now quite short of US dollars. There is no way. The international food prices are basically controlled by the United States and other Western countries. They do not recognize the ruble. If they want to buy food, they need to use US dollars. This has caused the Russian bear to lack US dollars.

Therefore, Jiang Yan concluded that the State Administration of Foreign Exchange would not approve such a large sum of money. Instead of doing this, it would be better to exchange it directly on the black market.

"Time is money now. Even if we lose a little bit of exchange rate, we can still make the money back by squeezing out more time and making one more trip. It's not a problem at all." Jiang Yan said.

Everyone nodded. This was indeed the truth. One more trip meant four or five times more profit. Compared with the loss from black market exchange, it was nothing.

Although the Mao Bear has not disintegrated, since the easing of relations, many smart people in China have begun to trade goods at the border, which is also the origin of the trader, but their volume is relatively small, and people like Jiang Yan, who trade through the country, one carload at a time, are nothing compared to them, not to mention that Jiang Yan is the first person to try it. The profit can be imagined.

"The next thing is the second thing. Xu Damao, you should take a plane to Bingcheng to pick up the goods as originally planned." Jiang Yan said.

Xu Damao nodded.

Then Jiang Yan looked at Xia Tian and said solemnly, "Your task is heavier. You and your uncle Damao should also take a plane to Bingcheng and inform Cao Bin and Zhang Weichen in Bingcheng to contact them. No matter what, buy ten train cars of goods for me in Bingcheng. Tell them to buy five train cars a month from now on."

"And as for wine, the more the better. Just make some according to my previous recipe, even if there is no label on the bottle."

When cooperating with the country, there will naturally be a person in charge on the country's side. Based on the principle of keeping things within the family, Jiang Yan thought of his two old classmates, Cao Bin and Zhang Weichen. They are from the same place and know each other better. In addition, they also understand the Russian bear, so it would be better for them to organize the goods, which can better meet the requirements. Therefore, the superiors agreed to Jiang Yan's request. Now these two people are specifically organizing goods for Jiang Yan in Bingcheng.

(End of this chapter)