McDonald's fries return to Venezuela but cost a pretty penny for locals
Source: CBC
Venezuelans missing the salty taste of McDonald's french fries can line up at their nearest golden arches, but could be in store for some sticker shock after they place their order. The country's economic policies have made the price nearly a tenth of the country's monthly minimum wage.
The fries were reintroduced to the South American nation after a 10-month absence with a social media ad. The campaign didn't mention the increased cost, however.
Venezuela, which has multiple official currency controls on its bolivars on top of the black market, has struggled economically. Policies put in place by President Nicolas Maduro and his predecessor Hugo Chavez have been cited as the source for various shortages, including toilet paper.
The currency exchange shows how expensive the fries can be, as a large costs roughly $166 using the strongest official rate. But using the black market exchange rate lowers the cost — significantly. Fusion writes that a large portion would only cost $1.15 US at the black market rate
Read more: http://www.cbc.ca/news/trending/mcdonalds-expensive-fries-1.3304816
= new reply since forum marked as read
