Don't think US wants to hammer Chinese Yuan. IMO US wants the exact opposite ?
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Not true. Look at what uncle sam did to Turkish Lira ? From almost 1 Lira for 1 USD to now down to 7 Lira for 1 USD ? Totally thrashed.
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Once Uncle Sam decide to crash a country currency, it can go any extent to do that
PRU Target Price : 70 Cents, page-325
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