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Chronic Devaluation Erodes Venezuela’s Minimum Wage to Symbolic Levels

Summary by EFE
The chronic devaluation in Venezuela has eroded the minimum wage to historical levels, as it has been fixed for almost four years.

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Chronic Devaluation Erodes Venezuela’s Minimum Wage to Symbolic Levels

The chronic devaluation in Venezuela has eroded the minimum wage to historical levels, as it has been fixed for almost four years.

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EFE broke the news in on Thursday, January 8, 2026.
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