4 ms·

They meant monthly, though it's not quite that low. According to Reuters[0], the national minimum wage as of this month is 45,540 (around 368 USD), and it will

• yazantapuz 4y ago
  That's because the article uses the "oficial" usd exchange rate (~130 argentine pesos per dollar) that don't includes taxes. With taxes its ~200 per dollar. So, the minimun wage Is ~220
• kragen 4y ago
  Reuters is using the fraudulent official exchange rate, not the real exchange rate, which is currently $216-$220 per US$. So if you take your monthly minimum-wage salary and convert it into dollars you will get about US$200, not US$368. You need government authorization to buy (a small amount of) dollars at the official rate, and there's a government policy to reserve dollars for rich people, so if you're working a minimum-wage job you won't get that authorization. If you're changing a larger amount of money at the free-market rate you can get as much as US$207 for each $45540.
  • yeahsure 4y ago
    I live in Argentina and this is correct. The (fake) official exchange rate is used by the government and media to paint a better picture of the terrible situation that we're in, it should not be used nor trusted anywhere to make any calculations on the cost of living, inflation, salaries nor anything else.
    • kragen 4y ago
      I wonder why Reuters made this error—pure ignorance, or are they trying to curry favor with Fernández?