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Latin America
Related: About this forumVenezuela has lowest minimum wage in Latin America after Cuba
http://www.maduradas.com/completa-miseria-con-el-dolar-a-5186-bs-el-salario-minimo-es-el-mas-bajo-de-america-latina/At 51.86 Bs to the dolar is the rate the government is accepting. Minimum wage is Bs 3,270 so $63.05 dolars. Only Cuba pays less relative to dolar.
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Lo cierto es que nadie imaginó que en el primer día de este sistema, la BCV habría de convalidar un precio que 20% por debajo del valor del dólar paralelo. Con la aceptación de un precio de Bs 51,86, las autoridades blanquean una realidad del mercado, y es que la valuación del bolívar es completamente irreal.
Si se toma en cuenta que el salario mínimo venezolano es de Bs 3.270 mensuales, con ese dinero se pueden comprar solamente $63,05, al cierre del dólar SICAD II. Con ese ingreso, Venezuela se convierte en el país de menor salario en dólares de Sudamérica. Solamente Cuba tiene un salario más bajo en moneda norteamericana.
El líder de la oposición, Henrique Capriles, publicó una serie de tuits en los que destaca que la depreciación del bolívar convalidada por el nuevo sistema alcanza un 773 por ciento.
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Venezuela has lowest minimum wage in Latin America after Cuba (Original Post)
Bacchus4.0
Mar 2014
OP
now reason to hoard the products anymore. The supermarkets should be flooded with
Bacchus4.0
Mar 2014
#4
I can't wait until Venezuela's chief idiot economist Weisbrot says about this one n/t
Bacchus4.0
Mar 2014
#5
Marksman_91
(2,035 posts)1. VIVA LA [DEVALUACIÓN]!!! n/t
Bacchus4.0
(6,837 posts)2. so, I am assuming Venezuelans just became alot poorer n/t
Flatulo
(5,005 posts)3. I don't want to make light of anyone's hardship,
but damn, dude , that was funny.
Bacchus4.0
(6,837 posts)4. now reason to hoard the products anymore. The supermarkets should be flooded with
products now I assume. That was the problem the chavistas were saying. The hoarders.
Bacchus4.0
(6,837 posts)5. I can't wait until Venezuela's chief idiot economist Weisbrot says about this one n/t