MINIMUM MONTHLY SALARY IN UKRAINE

Minimum monthly salary in 2009 is 669 UAH (USD 84) per month. Background information: Ukrainian currency is called Hryvna (though sometimes it is spelled like "Hryvnia"). While writing this article, a current rate of exchange between US dollar and Hryvna is: $1 to 7.9, which means that for $100 you will get 790 UAH.

When my girl friend heard a number that stands for minimum monthly salary in Ukraine, she said citing: "Wish you good luck to survive on that little money!"

Retired people are pretty much struggling to survive because money they get from the government is a bit less than Ukrainian minimum monthly salary.

I remember one day when I was driving back to Poltava with a client from Canada whom I picked up at Borispol airport, in Kiev. And while en route to Poltava I asked him about groceries and how much they cost. I was surprised when he said he did not know how much they cost because he never pays attention to price tags. Well, here people who are getting paid a minimum monthly salary do take a notice of how much things costs.

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