Black Technology Editor

Chapter 128 Xia Yuan
Blair seemed to be moved by Lu Chen's behavior.

No one has ever been willing to support Kanya's infrastructure projects, or there was once a country that supported it, but in view of the chaotic situation in their country, they withdrew their investment.

"Thank you, thank you, Mr. Lu!"

Blair stood up directly to thank him, and Lu Chen could even faintly see tears in the other's eyes.

As the president of a country in Kanya, Blair is obviously unqualified, but it is obviously impossible to say that he does not have the people of Kanya in his heart at all.

Perhaps people themselves are a collection full of contradictions, and there is no boundary between good and evil.

Lu Chen interrupted the other party's thanks, waved his hand and said, "Your Excellency, I am willing to support your country's infrastructure projects, which means that I am willing to provide you with loans."

"Of course, I know."

Before he finished speaking, Lu Chen said with a smile: "Listen to me first, Your Excellency, what I mean by loan is the issuance of Kanya currency."

Hearing this, Blair was slightly startled: "What do you mean?"

"That's right, I plan to set up a bank to issue Kannya currency. I've already thought of the name of the currency, and it's called Xia Yuan."

Lu Chen did not hide his ambition at all.

However, it is a foregone conclusion that the minting rights will be handed over to Lu Chen. The Kanya government has no right to interfere with the name of the currency.

Blair just felt a little uncomfortable in his heart, and immediately put it out of his mind, he grasped the important point, the loan that Lu Chen would provide him was not US dollars, but Xia Yuan with unknown credit.

Let's not talk about whether the world will buy Xia Yuan or not, can the people of Kanya buy this so-called Xia Yuan?
Blair was very suspicious.

Seemingly seeing the other party's doubts, Lu Chen smiled and said, "Of course, Your Excellency, you don't have to worry about Xia Yuan's credit. After Xia Yuan is issued, US dollars will be used as collateral, and the exchange rate ratio is tentatively set at 1:1."

In other words, one summer yuan is exchanged for one dollar.

Of course, the future real exchange rate will definitely be adjusted according to the market.

The key is to ensure that the currency of Xia yuan is used in Kanya.

Not only the people in Kanya, but even Lu Chen's employees will use this currency in Kanya, and they will exchange it into Chinese currency after they return to China.

Hearing that Lu Chen would use US dollars as Xia Yuan's collateral, Blair breathed a sigh of relief.

However, even with the credit of the Kanya government and Lu Chen's influence, it is still a bit powerless to use Xia Yuan in all of Kanya.

After Braner expressed his worry, Lu Chen shook his head.

"Your Excellency, since there is no problem with Xia Yuan's credit in essence, if you want to completely replace Xia Yuan in Kania, of course you have to legislate and let the law stipulate that Xia Yuan is the only legal currency in Kania!"

Lu Chen's tone was beyond doubt.

With his support, the Kanya government army defeated the anti-government army, and now is the time for him to harvest. Since he has obtained Kanya's minting rights, he will naturally use this power.

And using the national currency as the currency legally used in the country is something that is supported by the laws of all countries, and Lu Chen's request is not too much.

Seeing that Lu Chen was so strong, Blair hesitated and said, "But... I'm worried that after the promulgation of this law, there will be great resistance."

Indeed, unlike the Huaguo government, the Kanya government has such a large amount of control in the country. The Kanya government is not so much a government, but rather the biggest force in Kanya other than Lu Chen.

In addition, there are many other forces in Kanya.

There are consortiums, gang organizations, anti-government forces, and even traditional tribal chiefs.

The intertwining of so many forces is not something the Kanya government can settle.

Lu Chen smiled and said: "Your Excellency, your government only needs to promulgate this law. As for making it the only legal currency in Kanya, it is my business."

Blair's eyes flickered, he was thinking about gains and losses.

In fact, deep down in his heart, he was unwilling to lose the right to mint Kannia.

It's just that what they thought at the beginning was that even if Lu Chen got the right to mint coins, it would be difficult for the coins to be recognized by everyone.

How can an unrecognized currency circulate?Currency cannot be circulated, it is waste paper.

Blair is naturally aware of this truth.

This was also the biggest reason why he agreed to hand over the minting rights to Lu Chen.

But now, the other party used the infrastructure project as a bait to want the Kannya government to legislate the Xia yuan as the only legal currency in Kannya, which made him a little entangled.

One side is building a beautiful homeland, and the other side is currency sovereignty.

Blair was having a hard time making a choice.

Lu Chen seemed a little displeased with his behavior, and said in a threatening tone: "I heard that after the anti-government troops withdrew from the Winkel Mountains, they seem to be still active in the north."

Hearing this, Blair was startled.

He suddenly realized that he was not Lu Chen's only choice.

"Mr. Lu Chen, don't worry, since you want to use the minting rights, our Kanya government will definitely support you unconditionally."

With the approval of the President, plus the support of Congress.

The bill to establish the summer yuan as the only legal currency in Kanya was successfully passed in less than three days.

So far, Xia Yuan has become the only legal currency in Kanya, and everyone in Kanya must use Xia Yuan, otherwise it will be a violation of Kanya's laws.

Of course, the law stipulates this way, so it doesn't matter if anyone obeys it.

With the corruption of the Kanya police system, it is almost impossible to fully implement this law.

Lu Chen didn't expect Xia Yuan to be accepted by everyone once it was published.

Even if the Civilization Construction Bank announces that the Xia Yuan will be backed by US dollars, it is useless.

Everyone doesn't believe you!
Of course, not everyone doesn't believe it.

At least in Soghli, the capital of Kanya, there are still a large number of people who exchanged US dollars for Xia Yuan.

It’s just that these people are the poor in Kanya, and the total amount of US dollars in their hands is less than a few hundred thousand. The upper class who really hold a lot of US dollars, almost no one comes to the bank to exchange currency.

Even if there is, it is only exchanged for a very small amount.

So Sogli's Civilization Construction Bank has been in business for more than a month, and it has only exchanged less than 100 million Xia Yuan, which is evident from this.

On the contrary, workers under Lu Chen's direct subordinates, such as the arc light automobile production base, major factories, ports, and nuclear power plants, all used Xia Yuan as their currency.

They still trusted Lu Chen, the boss.

After all, Lu Chen has never treated these people badly, and the Civilization Construction Bank is also very straightforward in exchanging US dollars, and there is no intention of defaulting on them at all.

Therefore, this group of people became the fastest group to use Xia Yuan.

(End of this chapter)