numberwang on 27 January 2018
Venezuelan Monthly Minimum Wage Falls to Under One Dollar a Month
According to the website DolarToday, which tracks the real value of the Venezuelan bolívar against the U.S. dollar, the basic minimum wage of 248,000 bolivares is now worth just $0.95, equivalent to a shocking 0.59 cents ($ 0.0059) an hour.
Amid years of lavish spending under the late president Hugo Chávez and catastrophic economic mismanagement by his successor Maduro, rates of inflation are now the highest in the world, with the International Monetary Fund (IMF) predicting that it will reach 13,000 percent in 2018.
https://dolartoday.com/calculadora/
