Although Chen Xiaonan wasn't online and Yang Rui wanted to discuss with her about setting up a grain exchange, Xiao Nan had played an important role in controlling the price and the exchange rate of Dong Hai currency. Yang Rui was completely convinced of her abilities in this field.
In fact, Yang Rui had always understood Chen Xiaonan's personality. If she wasn't confident in something, she wouldn't easily try it, especially at such a crucial moment. If Xiao Nan wasn't confident, she wouldn't casually interfere.
It was precisely because of this understanding and trust that Yang Rui returned to Linzi City at the first moment. He chose an inn in the best location in the city and made some temporary decorations and modifications. It became the location of the grain exchange.
Out of habit in the game, Yang Rui named the building "Grain Trading Center." Through the prefectural and county officials, he once again announced that the Grain Trading Center would be a functional building for raising prices for grain transactions in the future.
The qualifications to bid were temporarily set for all merchants and normal people. As long as they provided 1000 gold coins and above, they could enter the building to bid.
And this deadline was only one month in the game. After this period, the Grain Exchange would be opened to the Merchant Alliance. Yang Rui also had the intention to use this to promote the Merchant Alliance's development.
The Grain Exchange would be open for 6 hours a day. The first half of the day would be open for 3 hours from the morning, and the second half would be open for 3 hours from the morning. After the first half and the second half of the day, the grain price would be announced to the public.
At the same time, the Grain Exchange could conduct grain transactions at any time. The price of the transaction was also the instantaneous price. However, the delivery time would be after the end of the day at the designated warehouse in Linzi City.
Because of this, those who directly participated in the price bidding had a slight advantage. This was because they could choose to trade based on the changes in the grain price. Compared to the outside trading after the price was announced, they had a time advantage.
However, Yang Rui also set a minimum trade limit for this type of transaction. Every transaction couldn't be carried out with at least 10000 kilograms of grain. Originally, the grain exchange was modeled after the oil exchange in the real world. It was normal for Yang Rui to only accept bulk transactions.
Choosing a grain trading location and announcing the relevant information was easy to say, but it wasn't easy to execute. Only after five or six game days had passed did Linzi City's grain trading location begin its first operation.
However, Yang Rui's efforts were worth it. Linzi City's grain trading center attracted a large number of participants for the first time. Even the entire inn that had been converted into a trading center was almost filled to the brim. The scene was very lively, and it was out of Yang Rui's expectations.
The only imperfection was that the grain trading center was originally built from an inn, and its various functions were not perfect. Compared to Yang Rui's large auction house in Luoyang City, it was much more primitive and backward.
Yang Rui thought that if there were any functional building blueprints similar to the auction house in the future, he must find them and rebuild the food exchange.
Although the grain trading center was a little primitive, it didn't affect the normal bidding process. Since the first operation, the operation of the grain trading center had gradually become more formal.
Moreover, Yang Rui had sufficient grain resources in his hands. Even if there were a large number of instant transactions during the bidding period, the grain in Linzi City was enough to satisfy the needs of all parties.
During this period of time, Chen Xiaonan finally came online. Yang Rui simply handed over the management of the Grain Trading Center to her. He also handed over Chi Zhong and the others who had just returned from Ledu City to Chen Xiaonan to manage. At the crucial moment, they would raise the price of the Grain Trading Center and conduct instant transactions to stabilize the price of the Grain Trading Center within a reasonable range.
Actually, the few people that Chen Xiaonan was in charge of were more similar to real life traders. Yang Rui believed that as long as they were proficient in the business, they would be able to generate stable profits from the grain trading center.
Of course, Yang Rui's considerations were still a little one-sided. At this time, the main responsibility of the grain trading center was to maintain the price of grain not too high. Yang Rui's idea was to buy grain when the price of grain was low and then sell it when it was high.
Linzi City's grain trading center was on the right track. In fact, it had already formed a "grain – East Sea currency" business value system, which was similar to the "oil – American dollar" business value system in reality.
As long as Yang Rui controlled the strategic resource of grain, he would be able to control the other factions' demand for grain and other important resources. Thus, he could maintain the value of the East Sea currency and use it as a means of circulation for the economy.
These deep connections mostly came from Chen Xiaonan's analysis. At the same time, Yang Rui wasn't completely ignorant. Under Chen Xiaonan's not-so-enthusiastic guidance, Yang Rui quickly understood the relationship between the two.
Yang Rui even planned to open a "pig iron trading center" and a "horse trading center" as an important supplement to the "grain – East Sea currency" business value system. Chen Xiaonan didn't comment on this. Thus, Yang Rui also knew that opening such trading centers wouldn't be of much use.
After Chen Xiaonan's series of measures, especially with the grain trading center in Linzi City on the right track, the price of grain had basically stabilized. The exchange rate of the game currency – East Sea currency had stagnated and even occasionally decreased. It had once again started to steadily increase.
Moreover, the exchange rate had almost returned to the speed when the East Sea currency was first released. Moreover, it would often increase at a faster rate. After Chen Xiaonan's analysis, Yang Rui didn't find it strange anymore.
Overall, the supply of East Sea currency in the market was still insufficient, especially when the circulation rate of East Sea currency in the hands of Liegeman under Yang Rui's jurisdiction was very low. Outside merchants, including the feudal lords, had also tasted the sweetness of Yang Rui's free supply of grain and other resources. Thus, the demand for East Sea currency was not small.
Therefore, in the next month of the game, the exchange rate between the system currency and the East Sea currency had broken through to a high of 1.4000: 1, and it didn't stop there. In other words, the East Sea currency had increased by more than 40% compared to when it was first released!
According to this ratio, the wealth of Liegeman under Yang Rui's jurisdiction had increased by 30%. Based on the 1.5 billion East Sea currency in stock, the wealth of Liegeman had increased by more than 400 million!
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