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Even with minimum wage increase, Colombia would still be below regional average

RIO DE JANEIRO, BRAZIL - Recently, Colombian President Iván Duque said he expects a 10.07% increase in the minimum wage in the country, with an amount that would reach close to COP 1 million (Colombian pesos), or a little more than US$257.

However, despite this possible increase, Colombia would still be well below the average minimum wage compared to the rest of the countries in the region.

Read also: Check out our coverage on Colombia

Compared to each of the currencies in Latin America, Uruguay . . .

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