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Re:China lets yuan break 7-per-dollar level for first time i... by dis-sys on Monday August 05, 2019 @09:35AM (#20614052)
> If the yuan is devalued, ceteris paribus, an investor holding yuan would prefer to hold anything else.

AUDUSD dropped almost 40% since 2011 and it is keep doing down, according to your theory, there should be any investor holding AUD.

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