I'm a Master in India

Chapter 258: A Steady Stream of Dollars

"Aili, do you remember Ron?"

"Who? That perverted doctor?"

"Uh..." Haila glanced to the side and said with a smile, "Yes, that's him."

"What does he want? He's not regretting not choosing the second option back then, is he?" Aili's giggling laughter came from the phone.

"Maybe," Haila shrugged, "but let's not joke for now, he needs dollars."

"Dollars?"

"Yes, a lot of dollars, he's right next to me."

"Give him the phone."

Haila handed the receiver to Ron, signaling him to take the call.

"Hello, beautiful Miss Aili."

"Wow, you weren't this gentlemanly last time."

"The situation was urgent back then, you know."

"Forget it, for the sake of how decent you were. Tell me, how many dollars do you need?"

"The more the better, I have a transaction that needs to be settled in dollars."

"The more the better? Is one hundred million dollars enough?"

"How much? One hundred million?!" Ron almost thought he misheard.

"What, not enough? More would be a bit troublesome."

"No, I mean... it's enough for now." Ron finally recovered.

Damn it, who exactly is this girl? She opens her mouth and it's one hundred million dollars.

Converted, it totals 3.1 billion rupees, far more than Ron's entire net worth combined.

"That's easy then, it's a small matter."

"Okay, what do I need to do?" Ron perked up.

"You need to register an offshore account at a Swiss Bank, an account completely independent of the Indian Government."

"And then?"

"Then just deposit rupees into it. However many dollars you want to exchange, deposit that many rupees."

"You mean, you can exchange these rupees for dollars?" Ron's eyes lit up.

"Not exchange, but sell." Aili chuckled.

"Sell?"

"There will always be people internationally who need rupees. A Swiss Bank will help you find buyers, but the price will usually be five to ten points lower than the official exchange rate."

"No problem, absolutely no problem!" Ron was a little excited.

He probably understood what Aili meant. Those bulk commodity traders have trade dealings with India.

For example, transactions for raw materials like timber, sugar, fruit, minerals, beef, and rice often involve huge amounts.

Traders purchase domestically in India using rupees, which is a strict requirement regulated by the government. If they go through official channels, the exchange rate would be a bit disadvantageous.

At this point, they will go to the currency market to find sellers. As long as it's five or six points cheaper, they will save a considerable amount of expense.

Because they are doing large-scale transactions, the percentage might seem small, but the base is huge. Five points on one hundred million rupees is a difference of several million.

Merchants pursue profit, they won't let go of even one rupee of profit.

Where there is demand, there is a market, and a Swiss Bank acts as a broker in currency trading.

Ron's rupees are deposited into the account, the Swiss Bank helps him trade them on the currency market, and finally converts them into dollars.

"For Haila's sake, the handling fee is waived," Aili said casually.

"Thank you. If the money arrives, how long will it take to get it done?"

"No more than a week. Rupees are still somewhat useful, and the number of clients needing them has been increasing recently."

Ron knew this was because the Indian Government had relaxed its policies, attracting many foreign investors.

If it were in the past when the country was closed off, this stuff would be no different from waste paper.

However, even now, only bulk traders need rupees; they can sell the purchased raw materials for dollars.

Other speculators are not interested, otherwise, the trading volume of rupees in the currency market would definitely not be just over one hundred million dollars.

"Thank you, Aili. I think this kind of currency transaction in the future..."

"As long as you are willing, anytime."

"Wow, great! The next time you come to Mumbai, I'll treat you."

"I'll remember that. Now, give the phone to Haila."

Ron shrugged and handed the receiver back.

Aili actually has connections at a Swiss Bank, which was a pleasant surprise.

Listening to her explanation, this kind of offshore currency trading is not a one-time deal.

That means Ron can directly exchange the rupees he holds for dollars in the future, as much as he wants, whenever he wants.

This is wonderful, he has plenty of rupees in his hands.

Sur Electrical Appliances alone has made 300 million in profits in the past six months, plus the profits from the travel agency, tourism company, and Sun Entertainment, totaling nearly 400 million rupees.

Even if it's five points lower than the official exchange rate, that's twelve million dollars.

That's enough. This much money can keep him spending for a while.

The only problem is how to legally transfer this money to an offshore account.

Rupees are a controlled currency, and large outflows of funds will inevitably attract the attention of the Indian Government.

But it doesn't matter, this won't stump Ron.

He has also registered several travel agencies in the Gulf countries and has regular records of fund transfers.

At that time, he can slowly move this money to the account in Dubai, and then transfer it to the offshore account.

If that doesn't work, he can also have migrant workers physically carry rupees out of the country.

Just like Hader Khan's human smuggling of gold, as long as the number of people and times is sufficient, everything is not a problem.

India's currency system has too many loopholes; you can slip out easily.

After saying goodbye to Haila, Ron didn't delay for a moment. He called Vinod, who was far away in Dubai, and then arranged to meet with a certain high-ranking official from the bank.

It's difficult to move large sums of money out of the country without the bank's cover.

But this is India, a country where demons dance wildly.

The law is like a woman whose sari has been stripped off, long since ravaged countless times by her citizens.

Institutions like banks, which should strictly monitor the country's economic system, have also become riddled with holes in secret.

Bribing a bank executive is actually very simple, just take him to a place like The Palace to have some fun.

Oh, right, The Palace was completely burned down by a large fire.

But it doesn't matter, Luca built another one.

In just half a year, a new three-story building has risen from the ground.

It is larger and more luxurious than The Palace and has attracted more people who come for its reputation.

It is called Sapphire, and just hearing the name is dazzling.

Ron hadn't been there yet, so now was a good time to bring the bank executive to show support.

They arranged to meet in the evening. For a city of desire like Mumbai, it truly comes alive at night.

During the day, it conserves its energy, waiting only for nightfall.

After sunset, this glittering city gradually reveals its charming demeanor. Matches, premieres, parties, and banquets illuminate each other, while beer bars, hotels, discos, and red-light districts are packed with people.

Mumbai's night has no concept of time; it breaks free from the constraints of being well-dressed, disciplined, and proper during the day.

Mumbai's night is full of hints and temptations: elegantly dressed, suave men flaunt their charm, while gracefully swaying women leaning on railings smoking are captivatingly beautiful.

People who live in this city, as long as they have some standing, almost all have mistresses.

High-end bars are undoubtedly a good place to hunt for romance; both men and women get what they need without having to fulfill any obligations similar to marriage.

Luca had long seen this market. In his words: In Mumbai, people have diverse tastes and all sorts of strange quirks.

Because of desire, the sex industry is almost everywhere.

At the lowest level are Nepali call girls, the 'ladies' sought by people from Bihar in North India, with a half-hour fee of about thirty to fifty rupees.

They are available to anyone and are not even looked at by the middle class.

The ideal targets for romance are bar dancers. Mumbai has hundreds of bars, also known as beer bars, nightclubs, or dance halls.

In suburban areas like Kimble or Malad, every block has its own bar. Men come to show support, scattering banknotes on the dancers, believing this is love.

The small world called the 'bar circle' by the dancers and their patrons is unique to Mumbai.

Luca aimed at this point to create a money pit like Sapphire.

Haines Road is even more prosperous than before, with luxury cars parked everywhere and well-dressed gentlemen.

Unlike the low-key nature of The Palace, Sapphire is noisy, restless, and strongly encourages you to release yourself without reservation.

Ron, along with Rajan, the director of the Industrial Bank of India, stepped through the doors of Sapphire.

Everywhere you look, things are sparkling.

The door is in the gaudy gold color that caters to Indian aesthetics, with diamonds镶嵌 at the top of the doorknobs.

The huge chandeliers in the lobby flicker with a rhythm, while the spotlights along the ceiling cornice make the atmosphere ambiguous.

Push open that door, and behind it is another world. The lights are dazzling, the music is deafening. In the main hall alone, there are a dozen or so dancers, wearing full saris and slightly provocative tight backless silk dresses, swaying their hips and butts among the crowd.

One or two of the girls still have a childish look, they must have padded their chests to have a mature figure that is disproportionate to their faces.

Bank Director Rajan stared at them, dumbfounded, even forgetting to move his feet.

Ron knew that this gentleman's taste was a bit peculiar.

"Come, Mr. Rajan, let's go upstairs, these are all ordinary goods here."

"Oh, really?" Rajan snapped back to attention.

He was a little surprised; he had seen several familiar faces just in the lobby on the first floor. They were all famous gem merchants and bankers in Mumbai, and some were even his colleagues.

Each of them looked frenzied, walking into the dance floor, going to the dancers they favored most, holding a stack of banknotes high above her head, then flicking their hands, letting the banknotes flutter down, scattering between the two of them.

Banknotes circled above the dancer's head, enveloping her, like a halo, or like confetti after a salute.

And the larger the amount, the more dazzling the brilliance on her face. Until the floor was covered with a thick layer of rupees, waiters busied themselves picking them up, and afterwards handed them to the dancer as a tip, which was the highest praise Mumbai's neon lights could give her.

Rajan felt only unfamiliarity; these people were like elegant gentlemen during the day, completely the opposite of how they were now.

But the more this was the case, the more Rajan felt his mouth dry up, and his goosebumps rose.

If the first floor was like this, what about upstairs?

Following Ron's steps, Rajan trailed closely.

"Hey, brother, you should have had someone call me." Luca appeared at the top of the stairs, his arms wide open.

"Stop it, I have an important guest today. The director of the Industrial Bank, Mr. Rajan."

"Wow, welcome!" Luca greeted him warmly.

He had become very stylish now, wearing an expensive suit instead of just a casual shirt like before.

He also adopted the Indian style, covering his fingers with gold rings and smoking cigars.

Anyone with discernment would undoubtedly conclude that this was a big shot.

"I've saved the best spot for you, guaranteed to satisfy you." Luca personally led the way.

He was as enthusiastic as the waiters downstairs.

Rajan was secretly startled. Although Sapphire had only been open for a short time, it was already famous in Mumbai.

Especially since it was built on the ruins of The Palace, everyone believed that the Boss behind it was extremely powerful.

At least not inferior to Mrs. Elizabeth, otherwise there wouldn't be the current Sapphire.

However, thinking of the rumored culprit behind the destruction of The Palace, Rajan felt somewhat relieved.

Mr. Sur, it's not surprising that the Boss of Sapphire would serve him like this.