Venezuela raises minimum wage in fourth year of hyperinflation
from Reuters: The Venezuelan government increased the monthly minimum wage by 289%, an official said on Saturday, moving from the equivalent of 64 U.S. cents to about $2.40 at the exchange rate estimated by the country’s central bank. Venezuela’s economy is in its fourth year of hyperinflation, its seventh year of recession, and has been […]
Source: https://www.sgtreport.com/2021/05/venezuela-raises-minimum-wage-in-fourth-year-of-hyperinflation/
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