Rise from the Far East
38 The center of power in the Far East, Senior Colonel Jin from the Northern Dynasty

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It was almost time for the Su-27 to take off for Ice City.

There were still some matters in Yucheng that needed to be discussed personally with Tuglitnev.

As for the 1 billion rubles in Yucheng's hands, he had already converted them all into US dollars, leaving only 300 million rubles in the Far East import and export company to maintain operations.

However, the exchange of rubles really took him a lot of effort.

Now that the international exchange rate market had changed drastically, the exchange rate between the ruble and the US dollar had plummeted.

Yucheng had to go to all the banks in the Far East to exchange all the rubles in his hands for US dollars.

The reason was simple. Mao's fixed exchange rate was not internationally recognized.

Mao's central bank's ruble exchange channels for US dollars were all closed.

The only two channels that could be exchanged were the black market and Western banks.

However, 100 US dollars could only be exchanged for about 170 rubles.

The exchange mechanism between the two currencies was completely reversed.

The impact of Li Taowan's declaration of independence had completely fermented.

" No wonder Morgan and the other two banks lent me 1.3 billion rubles!'

With this exchange, they all returned to their hands, and according to the exchange rate, they might even earn a lot.

However, Yucheng didn't have the mood to complain or regret.

He knew that the ruble's decline was only the beginning.

The current exchange rate was far from a sharp drop.

The Western banks 'plans for him could be said to have failed.

Did he think that he would still be able to earn money after a year, including interest?

If it weren't for the 819 incident in 1991 and the direct rebellion of Gorchev and Ye Qin, perhaps the four banks would have succeeded.

However, Yucheng was too young!

No one in the world would have thought that the behemoth that stood in the Far East and suppressed Europe for fifty years would end in the hands of their Great Elder. They would not have thought that Ye Qin's methods would be so brilliant and decisive.

However, even though these four banks would lose money, they would not lose money.

Even though they had lost a lot of US dollars, they still had the huge savings of Yucheng in the four banks.

The trade between the three countries involved a lot of rubles.

The ultimate goal of these banks was the same as the Central Bank of Mao Country, which was to absorb savings.

However, Yucheng did not care. Even at the black market exchange rate, he still had 580 million US dollars in his hands!

This was not a small sum.

With this sum of money, when the western forces lowered the price of London gold and imposed economic penalties on Mao next month, the country would be in dire straits.

Yucheng followed suit and sold the London Gold. They would definitely make a lot of money.

Putting aside these thoughts, Yu City came to the Far East Army headquarters in the outskirts of Yakutsk.

Wang Wu and Victor were already waiting at the door.

Upon seeing Yu City, Wang Wu immediately stepped forward and whispered,"Big brother, people from the North Dynasty have arrived.”

Many things had happened during this period of time.

The route to the North that was originally taken over by Mao Country's military was in trouble.

So Tuglitnev planned to hand over the route to the Far East import and export trading company in Yucheng to be in charge of unified operation, and the expeditionary army and the people of the Northern Dynasty could receive a fixed contribution every year.

Now, the person in charge of this matter from the North had personally come to the Far East Army to discuss this matter.

Hearing Wang Wu's words, Yu Cheng nodded and asked calmly,""What conditions did they offer?”

"It's a young officer," Wang Wu said calmly."He's not old and is arrogant. I looked at the position and saw that it was the rank of senior colonel. His surname was Jin. Colonel Jin said that he doesn't accept our annual fixed toll of three million US dollars.”

"Even three million USD isn't enough to satisfy their appetite. Hmph, they're really greedy!”"But, does he think that he can buy shares just because his surname is Jin?" Yu Cheng snorted coldly.”

"Boss, in my opinion, that senior colonel from the Northern Dynasty is just raising the price." Victor said. Three million US dollars was undoubtedly a huge sum of money in the hands of the North Korean border guards. In the past few years, the Northern Dynasty had to rely on the relief from our Mao Country and Xia Country to catch their breath. How could they have the confidence to be so arrogant?”

"You mean there's someone behind him?”Yu Cheng turned around and asked. At the same time, he took a deep puff of his cigarette and frowned slightly.

Victor nodded,""If my guess is correct, it should be the commander who instructed it from behind. Senior Colonel Jin isn't the only one in there. The president of the Far East Transportation Committee, the main officials of the Foreign Trade Association, and all the people related to our trade are here.”

"Hehe, it seems like he's planning to eat me up in one bite!”Yu Cheng laughed at himself.

He would never believe that Tuglitnev was not behind this.

But why was this so?

Was it because of my goodwill towards the Deputy Commander of the Far East Army, Ivanov?

Or do you feel that I have taken too much and are jealous?

Both of these guesses were possible.

But in any case, if this matter was really behind Tuglitnev, then this matter had to be resolved.

Finally, he made a decision.

"Alright, regardless of whether you raise the price or pay back the money on the spot, I'll give you the shares.”

Really?

Victor was confused. This didn't seem like his boss's style.

He quickly said," Boss, we can still bargain. They just want more money. There's no need to give them shares.”

Yu Cheng had a cigarette in his mouth and a wicked smile on his face." No, I'll just give them shares. However, I can't guarantee how much dividends they'll get every year."”

You want dividends, right? You want shares, right?

Hehe, Yucheng had 10,000 ways to make the company's financial statements suffer losses.

At the end of the year, not to mention dividends, there might not even be a single cent.

In his previous life, he had been the boss of a company in Yucheng. He was very familiar with things like falsified accounts. Hiring a high-level finance officer was a piece of cake.

To be more extreme, Yucheng directly opened a few more trading companies in the Northern Dynasty. The profits were reversed several times, and the trade was completely separated from the Far East import and export trading company.

You want to invest in it, right? Here you go!

A colonel from the Northern Dynasty dared to bark?

Of course, Yucheng would not go too far. After all, if the three countries wanted to trade for a long time, they could not do without any links.

Therefore, he would not give less dividends every year.

However, if he wanted more, he would chop off all the claws that he stretched out.

"Come, let's go in and take a look at this Senior Colonel Jin. We'll see what the power center of the Far East is like.”

Yu Cheng waved his hand and brought the two of them in.

This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]

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