Chapter 147: Prelude to Battle (2)
[Bank of Thailand raises base interest rate to 15%! Some banks ordered to stop selling baht... Southeast Asia declares war on Wall Street]
[Four Southeast Asian countries unite... Inject $10 billion into the forex market. “We will never surrender to speculators,” declares Prime Minister Chavalit]
The moment the news broke, the foreign exchange market was thrown into turmoil.
It wasn’t anything special. Would another wave make a difference in a sea already churning with storms? Any FX dealer with even one toe dipped into East Asia right now was fighting a war.
Myself included, of course.
“They raised the base rate just like we predicted!”
“Miss, where are you right now? Ah, next to me? Should I wake her up?”
“No need. First, let’s just... damn it! It’s rising! Sell the stocks, quick...”
.
.
.
‘Ugh, my head...’