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Venezuela's Maduro hikes minimal wage 300 %

Posted By Russian Opinion. Under WORLD  Tags: hikes, Maduro, Minimum, Percent, Venezuela's, wage  

CARACAS – Venezuelan President Nicolas Maduro raised the minimal wage by 300 % to 18,000 bolivars monthly, round $ 6.70, as a part of routine wage hikes in an financial system affected by annual inflation approaching 2 million %.

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