From DR1 news:
"As reported in Hoy newspaper, he said that the exchange rate has been fluctuating between RD$28-RD$29 to the US$1, or about 100% less than it was eight months ago."
Something 100% less than a 8 months ago is zero. It is about half (down 50%). When it doubled it went go up 100% but if it then goes down it doesn't go down by 100%.
This is from the Finance Minister, not a mathematician, obviously.
"As reported in Hoy newspaper, he said that the exchange rate has been fluctuating between RD$28-RD$29 to the US$1, or about 100% less than it was eight months ago."
Something 100% less than a 8 months ago is zero. It is about half (down 50%). When it doubled it went go up 100% but if it then goes down it doesn't go down by 100%.
This is from the Finance Minister, not a mathematician, obviously.