Chapter 665 - 648 Dual Exchange Rate System
The cosmetics company needs to expand, so Ye Zhen is going to the Mainland to select a factory site, leaving her temporarily in charge of the company’s matters. Additionally, there are issues with several subsidiaries she needs to handle, keeping her extremely busy.
Soon, it was November.
That day, as usual, Lu Jiaxin did half an hour of yoga after work before going home. When she went downstairs and saw that Nie Zhan had not yet returned, she called him and asked, "About to be home, right? Okay, I’ll wait for you to have dinner together."
Generally speaking, if Nie Zhan wasn’t coming home for dinner, he would call her in advance. But sometimes he would forget in unexpected situations, which had happened once before.
Ten minutes later, Nie Zhan arrived home.
Noticing his serious expression, Lu Jiaxin asked, "Why do you look so troubled? Did something happen at the company?"
Nie Zhan didn’t speak, merely holding her hand and saying, "Come upstairs with me, I have something to tell you."
Lu Jiaxin was puzzled since the group’s subsidiaries hadn’t had any issues lately! Yet she didn’t expect to hear from Nie Zhan upstairs that the SL had implemented a dual exchange rate system.
Nie Zhan explained, "Originally, just like the Hong Kong Dollars, they had a fixed exchange rate with the greenbacks. But with SL’s situation, implementing a dual exchange rate system poses significant risks."
Lu Jiaxin was aware that there were many problems in SL even before its disintegration, followed by a series of leadership decision errors. She wasn’t sure how exactly the operations were carried out, except that after SL’s disintegration, the Rupee depreciated sharply.