The minimum wage that remains in 130 bolivars since March 2022, is equivalent to 0.75 cents with the current exchange rate established by the Central Bank of Venezuela
The price of the official dollar set by the Central Bank of Venezuela was this Thursday, September 25, 84, 84 bolivars, while the euro exceeded the 200 bolivars barrier, with a value of 201.73.
The Central Bank of Venezuela published the reference exchange rate The afternoon of Wednesday, September 24 and recalled that “it is the weighted average of the operations of the change tables of the banking institutions.”
The minimum wage that remains in 130 bolivars since March 2022, is equivalent to 0.75 cents with the current exchange rate established by the Central Bank of Venezuela.
*Read also: Merchants talk: lower consumption and dollars circulating hit sales
As part of the shares announced by Nicolás Maduro to avoid the rise in the price of the dollar, the elimination of pages such as Dollar Monitor that reflected the daily price of the currency was ordered and in the month of May more than 20 people were imprisoned – in a first moment – indicated to sponsor the “criminal dollar.” However, the price continues.
Economists have said that the elimination of the parallel dollar does not solve the structural problem of monetary trust. Given the measures applied by the mature administration on the parallel dollar, many businesses and citizens have begun to set prices in euros or in cryptocurrencies such as the USDT.
*Journalism in Venezuela is exercised in a hostile environment for the press with dozens of legal instruments arranged for the punishment of the word, especially the laws “against hatred”, “against fascism” and “against blockade.” This content was written taking into consideration the threats and limits that, consequently, have been imposed on the dissemination of information from within the country.
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