no, going from 4.3 to 8.6 would simply mean your buying power has been cut in half and it now takes two dollars to buy what one did before because it has been devalued, not worthless/worth nothing but 1/2 as much no, going from 4.3 to 8.6 would simply mean your buying power has been cut in half and it now takes two dollars to buy what one did before because it has been devalued, not worthless/worth nothing but 1/2 as mucheven with the new rate, their currency is STILL artificially propped up, the real exchange rate is probably about twice that
Except that your formula gives a 100% devaluation when going from 4.3 to 8.6. Look around the web, you’ll see that I’m right (other than the idiot AP reporter).