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To: BobL
two points, 1)if it went from 4.3 to 8.6, that would be 100% devaluation meaning it 2to1 2)it devalued 32% as compared to the US dollar, not itself... it devalued 46% against itself
27 posted on 02/08/2013 6:02:41 PM PST by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -ww- NO Pity for the LAZY)
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To: Chode

“two points, 1)if it went from 4.3 to 8.6, that would be 100% devaluation

I see your humor in trying imitate the idiocy of the media types - not bad. Obviously, a 100% devaluation would mean that the currency is worthless - i.e., from 4.3 per dollar to infinity per dollar.

But good one anyway.


30 posted on 02/08/2013 6:52:16 PM PST by BobL
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