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Venezuela_Bolivars_Money

A Minimum-Wage Worker in Venezuela Could Afford 5 Cups of Coffee Each Month–And Nothing Else…

June 28, 2018 at 6:41 pm

Five million Venezuelan bolivars is the equivalent of $1.45. It’s also roughly a minimum-wage worker’s entire monthly salary in the South American country. Thanks to stunning inflation, it now takes 1 million bolivars to buy a cup of coffee in a Venezuelan cafe, Bloomberg reports. That’s one-fifth of Venezuela’s monthly minimum wage, and a 10,000-bill […]

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