In the initial stage, some merchants at the level of D exchanged Donghai coins. Due to the small amount of exchange, the change in the exchange ratio was relatively small, and there might even be several declines.

However, two major players later took action in succession, one of which exchanged 200,000 Donghai coins, and the other exchanged 1 million Donghai coins directly, which quickly increased the exchange rate to a ratio of more than 1.1,000.

Under such a ratio, Yang Rui can not only recover the cost, but also make a profit.

The exchange ratio of Donghai coins is not artificially controlled, but is generally calculated based on the market supply and demand relationship, so it will not change much in a short period of time.

Of course, if the market demand heats up sharply, if the game coins around 1.1,000 can be exchanged for 1 Donghai coin, some people will acquire Donghai coin at a ratio of 2:1 out of special demand, which can also quickly affect the market.

However, this impact is always one step behind the previous step than human factors. Even if someone completes a large-scale redemption at a ratio of 2:1, the system redemption ratio will not immediately rise to this ratio, but may only increase the ratio by a few ten thousand points.

Another reason why the East China Sea currency fluctuates greatly at this time is that the number of East China Sea coins issued by Yang Rui is very limited, only 1,000 East China Sea gold coins. Therefore, when the system calculates various factors, the denominator of the total currency is relatively small.

"Denominator" is just a metaphor. The steps for systematically calculating the redemption ratio should be very complicated. At least at this time, Yang Rui did not understand the relationship.

Overall, the changes in the redemption ratio are also somewhat similar to the actual financing market, but the redemption ratio changes at any time during the game, and there is no such thing as a break in the market.

However, with the actions of two big investors, the exchange speed of Donghai coins has also accelerated a lot.

Originally, the number of registered merchants was more than 800, so Yang Rui issued a total of 10 million East China Sea gold coins. As the whole game passed, Yang Rui had only less than 4 million East China Sea gold coins left in his hands.

A large number of businessmen are still waiting and watching, and most of the people who have taken action to exchange East China Sea coins have only exchanged about 10,000 East China Sea gold coins with caution.

There are not many merchants who really took the initiative to exchange large amounts of Donghai coins. Except for the representatives of Zhang Rang and the player group known above, only two merchants exchanged more than 100,000 Donghai gold coins.

Due to the previous registration procedures, Yang Rui was very clear about the identity of representative Zhang Rang and the player group. Representative Zhang Rang exchanged 1 million East Sea gold coins, while large player organizations such as * Dragon Soul exchanged 200,000 East Sea gold coins.

Another person who exchanged 100,000 East Sea gold coins also has a clear background. He is the business representative of Sun Jian from Jiangdong. Currently, Sun Jian has a series of transactions with Yang Rui. It is normal to exchange some East Sea gold coins as backups.

However, the last merchant who exchanged 150,000 Donghai gold coins was only rated B, and it was the type that was not divided into levels.

Yang Rui even speculated that it might come from a hostile lord force on one side and the means taken to hide his identity. After all, when the prospects for the East China Sea currency are still unclear, there is no need for ordinary merchants to take too much risk.

This feeling is just fleeting. When the Shang League has not yet taken shape, Yang Rui was not ready to explore such things carefully. Even if there is indeed a spokesperson for hostile lord forces among the business alliance, it will temporarily promote the Shang League.

In fact, being able to exchange more than 6 million East China Sea gold coins at one time is already in line with Yang Rui's expectations. After all, East China Sea coins have not yet been truly circulated at this time, and the market demand is indeed not large.

What's more, Yang Rui, as the initiator of the Business Alliance, registered and rated it in the name of Wei Xiuer's chariot and horse team and fleet, and naturally, he had to keep some East China Sea coins for circulation.

As for Wei Xiuer's business alliance rating, it is naturally the highest level A and level 1, which is guaranteed to be applicable to all transactions in the business alliance in the future.

The first batch of Donghai coins were exchanged, and Xiaohui's large auction house had almost prepared. On the second game day, Yang Rui struck while the iron was hot, and then launched the first trade fair of the Merchant Alliance.

As Xiaohui prepared, the venue is set in the internal auction hall of a large auction house, which will not affect the normal functions of the auction house outside. It is even better than the business alliance trade fair, which has led to a large number of people coming, causing the transaction volume of large auction houses to rise a lot.

In order to expand the influence of the Business Alliance, Yang Rui was delegated to all registered and rated traders. A total of more than 800 members in the Business Alliance also attended the event almost in a factor.

They originally registered and rated to trade with Yang Rui. At this time, whether there were any merchants who exchanged Donghai coins or not, they all came to prepare to see the organizational form of the trade fair within the business alliance.

As for the composition of the trade fair, Yang Rui also kept his promise and brought out all the previously promised grain, large transport ships, medium-sized transport ships, god crossbow machines and god machine dolls.

To be more precise, it is on the trade fair product list, and it is unlikely that physical objects will appear at the trade fair.

First of all, when you look at it, the participants feel more at ease. The food supply provided by Yang Rui is not capped, but the minimum starting point is 10,000 kilograms, and the price is also a normal market price.

With this alone, many businessmen feel that they have worked hard to register and the rating is worth it. The current food shortage in the entire civilized area is still very serious, and it is almost a situation where there is no price.

Let’s look at the large transport ships and medium transport ships, the quantity on the product details is also satisfactory.

In terms of large transport ships, there are 30 ready-made products in Yuzhang, which is almost the total number of such ships produced in recent stages. At the same time, the prices of ships are basically the same as the auction house prices.

As for a single large transport ship, the price of the auction house is definitely high, but the value of the large transport ships in the trade fair is that they are in batches. If anyone can take down all 30 large ships of Yuzhang, it will be enough to form a large fleet.

Although the cost of goods like large ships is very different from the price, it is very troublesome to build the ship itself. Moreover, such ships are widely used and can even be used in the army, so it is understandable that they can be sold more expensively.

Medium-sized transport ships are much cheaper in comparison, but whether it is river transportation or offshore shipping, medium-sized transport ships are indispensable main means of transportation.

The number of heavy transport ships appeared in the transaction list this time is 200, and they are also accepted for reservations like large transport ships.

As for the Divine Machine Crossbow Machine and the Divine Machine Machine Doll, Yang Rui directly placed a set of objects, which attracted widespread attention.
Chapter completed!