On the morning of September 25, the New National Bureau of Statistics released data on the GDP and economic output of the New National Bureau of Statistics in the first half of 2018, proposing that the increasingly large domestic market of the New National Bureau is enough to support the issuance of its own currencies.
In order to cope with fluctuations in the international exchange rate market, it is necessary for the new country to price its products in its own currency.
As soon as the report was released, smart people immediately smelled the news. This is the new government building momentum for issuing its own currency!
Sure enough, shortly after the promulgation of this report, Future People Group stood up and expressed support for the initiative.
At the same time, Future Renmin Bank, in conjunction with many domestic banking companies in the New Country, announced the establishment of the New Country United Savings Administration to issue a currency called the New Country, and plans to completely get rid of the domestic use of foreign exchange as a currency by the end of 2019.
The issued currencies mainly include 6 denominations: 1, 5, 10, 20, 50, and 100 yuan.
The initial issuance totaled SGD 50 billion, guaranteed by precious metals and foreign exchange with a total value of US$54.1 billion, mainly put on the market in the form of loans, and at the same time, the channels for currency exchange are opened to national citizens.
In the future, S$50 billion will be invested in the market one after another to ensure the total amount of currency is 100 billion.
Considering that the currency has just been issued and the future of the bank's foreign exchange reserves are sufficient, the new Fed has temporarily adopted a fixed exchange rate system, that is, stipulating that 1 SGD is exchanged for 1 US dollar, and the foreign exchange reserves are used to make the SGD float up and down around the current exchange rate.
After waiting for the currency to stabilize, the new Fed will gradually liberalize monetary policy and transition to a floating exchange rate system that determines the value of the currency by market supply and demand.
As the largest shareholder of the new Fed, the first president of the new Fed was David Smith, the president of the future bank, and the vice president was elected by other banks in the new country.
Finance matters are easy to say, but they are quite troublesome to operate.
With the principle of specializing in the profession, Jiang Chen handed over the specific matters of the new Fed to Mr. Smith to deal with. He believed that this former Citibank executive would not disappoint his expectations.
The issuance of currency by a small country in the Pacific has not caused any major waves internationally.
However, compared with the cold reactions of international media, with the help of the media, a wave of support for their own currencies has been set off from top to bottom in the new country.
Driven by the Future Ren Group, many shopping malls have labeled SGD on the shelves and are given 10-20% discounts to customers who use SGD to purchase products.
Penglai City has added SGD to the personal electronic accounts of urban residents and provided a one-click redemption button.
In order to reduce tourism costs, many tourists also choose to exchange domestic currencies such as US dollars, soft girl coins, rubles and other domestic currencies for consumption when entering the country.
However, many foreigners have shown quite confusion about things like SGD.
SGD?Is it guaranteed with coconut?
Maybe it's rubber or shells.(Smiling face)
Why can't you use US dollars directly?A small country with a population of only one million has to issue its own currency. I see no benefit except that it becomes more troublesome when paying the bill.
Maybe it is because the chairman of Future People Group wants to print his avatar on the banknotes?To achieve this goal, it seems that he can't think of a better way.
Miscellaneous jokes can be seen occasionally in the comment section of related news.
Although people don’t care about the new Fed and the SGD, they are still very interested in the Future People Group itself.
The businessman who started from scratch could achieve this level, not only controlled offshore countries to form a trust-model monopoly group, but now issued his own currency, which is also awesome.
Countless capitalists and businessmen regard Jiang Chen as their goal of their struggle, and countless aspiring young people regard him as a beacon to illuminate their life path.
Fortunately, Jiang Chen didn't know this. If he had known it, he might have laughed out loud.
Damn, can my success be copied at will?
If you want to copy, go get a jump bracelet first!
……
No need to go to work on Saturdays.
At 8 o'clock in the morning, Natasha slept a lazy sleep, rubbed her sleepy eyes and walked out of the room, just in time to meet Jiang Chen who came out of the bathroom.
morning.
Ha...Ah, early.
As he beat Hache, Natasha replied to Jiang Chen and walked around him to the bathroom.
After washing up, I arrived at the dining room.
There were sandwiches and milk on the table. I saw Jiang Chen, who was already dressed, enjoying breakfast.
The Freemasonry was restrained by Russia on the Ukrainian issue and had no action on Jiang Chen for the time being, and this day was rare and leisurely.
Although both sides are still fighting in Madagascar, Africa is still far away from Asia after all.
Picking up a piece of sandwich, Natasha lazily placed her arms on the table, holding her side face with one hand, and her blue eyes looked up and down suspiciously.
It's really strange, why did you get up so early today?
And wearing formal clothes.
Who wears formal clothes when you wake up early in the morning?And it's on the weekend?
Hearing Natasha's question, Jiang Chen's lips curled up with pride.I saw him tidy up his collar, squeeze his eyebrows very badly, and said with a smile.
Ahem, Professor Jiang is standing in front of you now.
Natasha rolled her eyes unceremoniously, took a big bite of the sandwich, her eyes lit up suddenly, looking at the sandwich in her hand in disbelief.
This taste...is really a sandwich?
How does it taste?
Jiang Chen smiled, stuffed the last piece of sandwich into his mouth, and then took a tissue and wiped his hands.
great!Natasha said with no stinginess and praise, quickly chewing the sandwich in her hand, and still licking the salad dressing on her fingers with unsatisfactory feelings. What is this made of?
Actually, it’s nothing. The vegetables produced by the undersea planting base are combined with Dilraba’s craftsmanship.
While speaking, Jiang Chen looked away subtly.
Obviously she didn't notice how seductive this action was in the eyes of men.
Especially now she is still wearing pajamas...
At this time, the door of the dining room was pushed open, and Dilraba Dilmurat appeared at the door.
Walking behind him, his hand gently landed on Jiang Chen's shoulder and squeezed it massagely. Di Lieba was like a gentle little wife, possessed herself and leaned close to her ear and whispered.
The car is ready.
Um.Come and have something to eat too.
I ate in the kitchen after the morning run.
If Jiang Chen didn't go too late the night before, Di Lieba would usually get up at around 6:30, run along the beach for half an hour, then go to the bathroom to take a shower, and then prepare breakfast for Jiang Chen.
Are there any arrangements today?Seeing Jiang Chen preparing to go out, Natasha couldn't help asking.
Didn’t I say that?Today, please call me Professor Jiang.Jiang Chen smiled, revealing her white teeth.
...Speak human words.
Looking at Natasha's disbelief expression, Jiang Chen shrugged helplessly.
Well, the elected courses at the University of Koro Island are starting. As an honorary professor, I happen to have my elected course today.
After hearing Jiang Chen's words, Natasha looked at him dumbfoundedly, and even the sandwich she held on her mouth fell back to the plate.
professor?you?Puff...haha... cough!
Smile!
Jiang Chen glared hard and patted his chest hard, and took a sip of milk, Natasha's chest kept rising and falling.
Just kidding, why am I a successful person too?
What's wrong with being a professor? I'm the first principal!There are so many students who want to choose my class that I don’t know where they are going!
By the way, what are you going to teach your students?
Jiang Chen answered honestly with a serious face.
Cosmology.
Puff...ah...ahah!water!Ahem!I'm going to die!
The milk had just been drunk, and Natasha, who was choked, held back her smile and rushed into the kitchen like a wind.
Looking at the swaying door in the kitchen, Jiang Chen took care of the tie around his neck and complained hard in his heart.
I can choke to death!
In order to cope with fluctuations in the international exchange rate market, it is necessary for the new country to price its products in its own currency.
As soon as the report was released, smart people immediately smelled the news. This is the new government building momentum for issuing its own currency!
Sure enough, shortly after the promulgation of this report, Future People Group stood up and expressed support for the initiative.
At the same time, Future Renmin Bank, in conjunction with many domestic banking companies in the New Country, announced the establishment of the New Country United Savings Administration to issue a currency called the New Country, and plans to completely get rid of the domestic use of foreign exchange as a currency by the end of 2019.
The issued currencies mainly include 6 denominations: 1, 5, 10, 20, 50, and 100 yuan.
The initial issuance totaled SGD 50 billion, guaranteed by precious metals and foreign exchange with a total value of US$54.1 billion, mainly put on the market in the form of loans, and at the same time, the channels for currency exchange are opened to national citizens.
In the future, S$50 billion will be invested in the market one after another to ensure the total amount of currency is 100 billion.
Considering that the currency has just been issued and the future of the bank's foreign exchange reserves are sufficient, the new Fed has temporarily adopted a fixed exchange rate system, that is, stipulating that 1 SGD is exchanged for 1 US dollar, and the foreign exchange reserves are used to make the SGD float up and down around the current exchange rate.
After waiting for the currency to stabilize, the new Fed will gradually liberalize monetary policy and transition to a floating exchange rate system that determines the value of the currency by market supply and demand.
As the largest shareholder of the new Fed, the first president of the new Fed was David Smith, the president of the future bank, and the vice president was elected by other banks in the new country.
Finance matters are easy to say, but they are quite troublesome to operate.
With the principle of specializing in the profession, Jiang Chen handed over the specific matters of the new Fed to Mr. Smith to deal with. He believed that this former Citibank executive would not disappoint his expectations.
The issuance of currency by a small country in the Pacific has not caused any major waves internationally.
However, compared with the cold reactions of international media, with the help of the media, a wave of support for their own currencies has been set off from top to bottom in the new country.
Driven by the Future Ren Group, many shopping malls have labeled SGD on the shelves and are given 10-20% discounts to customers who use SGD to purchase products.
Penglai City has added SGD to the personal electronic accounts of urban residents and provided a one-click redemption button.
In order to reduce tourism costs, many tourists also choose to exchange domestic currencies such as US dollars, soft girl coins, rubles and other domestic currencies for consumption when entering the country.
However, many foreigners have shown quite confusion about things like SGD.
SGD?Is it guaranteed with coconut?
Maybe it's rubber or shells.(Smiling face)
Why can't you use US dollars directly?A small country with a population of only one million has to issue its own currency. I see no benefit except that it becomes more troublesome when paying the bill.
Maybe it is because the chairman of Future People Group wants to print his avatar on the banknotes?To achieve this goal, it seems that he can't think of a better way.
Miscellaneous jokes can be seen occasionally in the comment section of related news.
Although people don’t care about the new Fed and the SGD, they are still very interested in the Future People Group itself.
The businessman who started from scratch could achieve this level, not only controlled offshore countries to form a trust-model monopoly group, but now issued his own currency, which is also awesome.
Countless capitalists and businessmen regard Jiang Chen as their goal of their struggle, and countless aspiring young people regard him as a beacon to illuminate their life path.
Fortunately, Jiang Chen didn't know this. If he had known it, he might have laughed out loud.
Damn, can my success be copied at will?
If you want to copy, go get a jump bracelet first!
……
No need to go to work on Saturdays.
At 8 o'clock in the morning, Natasha slept a lazy sleep, rubbed her sleepy eyes and walked out of the room, just in time to meet Jiang Chen who came out of the bathroom.
morning.
Ha...Ah, early.
As he beat Hache, Natasha replied to Jiang Chen and walked around him to the bathroom.
After washing up, I arrived at the dining room.
There were sandwiches and milk on the table. I saw Jiang Chen, who was already dressed, enjoying breakfast.
The Freemasonry was restrained by Russia on the Ukrainian issue and had no action on Jiang Chen for the time being, and this day was rare and leisurely.
Although both sides are still fighting in Madagascar, Africa is still far away from Asia after all.
Picking up a piece of sandwich, Natasha lazily placed her arms on the table, holding her side face with one hand, and her blue eyes looked up and down suspiciously.
It's really strange, why did you get up so early today?
And wearing formal clothes.
Who wears formal clothes when you wake up early in the morning?And it's on the weekend?
Hearing Natasha's question, Jiang Chen's lips curled up with pride.I saw him tidy up his collar, squeeze his eyebrows very badly, and said with a smile.
Ahem, Professor Jiang is standing in front of you now.
Natasha rolled her eyes unceremoniously, took a big bite of the sandwich, her eyes lit up suddenly, looking at the sandwich in her hand in disbelief.
This taste...is really a sandwich?
How does it taste?
Jiang Chen smiled, stuffed the last piece of sandwich into his mouth, and then took a tissue and wiped his hands.
great!Natasha said with no stinginess and praise, quickly chewing the sandwich in her hand, and still licking the salad dressing on her fingers with unsatisfactory feelings. What is this made of?
Actually, it’s nothing. The vegetables produced by the undersea planting base are combined with Dilraba’s craftsmanship.
While speaking, Jiang Chen looked away subtly.
Obviously she didn't notice how seductive this action was in the eyes of men.
Especially now she is still wearing pajamas...
At this time, the door of the dining room was pushed open, and Dilraba Dilmurat appeared at the door.
Walking behind him, his hand gently landed on Jiang Chen's shoulder and squeezed it massagely. Di Lieba was like a gentle little wife, possessed herself and leaned close to her ear and whispered.
The car is ready.
Um.Come and have something to eat too.
I ate in the kitchen after the morning run.
If Jiang Chen didn't go too late the night before, Di Lieba would usually get up at around 6:30, run along the beach for half an hour, then go to the bathroom to take a shower, and then prepare breakfast for Jiang Chen.
Are there any arrangements today?Seeing Jiang Chen preparing to go out, Natasha couldn't help asking.
Didn’t I say that?Today, please call me Professor Jiang.Jiang Chen smiled, revealing her white teeth.
...Speak human words.
Looking at Natasha's disbelief expression, Jiang Chen shrugged helplessly.
Well, the elected courses at the University of Koro Island are starting. As an honorary professor, I happen to have my elected course today.
After hearing Jiang Chen's words, Natasha looked at him dumbfoundedly, and even the sandwich she held on her mouth fell back to the plate.
professor?you?Puff...haha... cough!
Smile!
Jiang Chen glared hard and patted his chest hard, and took a sip of milk, Natasha's chest kept rising and falling.
Just kidding, why am I a successful person too?
What's wrong with being a professor? I'm the first principal!There are so many students who want to choose my class that I don’t know where they are going!
By the way, what are you going to teach your students?
Jiang Chen answered honestly with a serious face.
Cosmology.
Puff...ah...ahah!water!Ahem!I'm going to die!
The milk had just been drunk, and Natasha, who was choked, held back her smile and rushed into the kitchen like a wind.
Looking at the swaying door in the kitchen, Jiang Chen took care of the tie around his neck and complained hard in his heart.
I can choke to death!
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