Thread: Price Increase
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Old 16 July 2008, 09:11 PM   #17
NitroRacer
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Join Date: Mar 2008
Location: Chicago
Watch: M SS WG DJ OYSTER
Posts: 175
Quote:
Originally Posted by RolexerATL View Post
I agree with Wes. With the economy in the dumps, it seems unlikely that Rolex would raise prices and deter purchases. Of course this all depends on the strength of the U.S. dollar. If the dollar weakens Rolex will be forced to raise prices in order to sustain existing profit margins. Damn that foreign exchange rate. I miss the old days where I could walk into a currency exchange booth in Paris, hand them a $100 bill, and get $130 Euros.
Ohhh, if only the Federal Reserve had such flexible options when faced with inflation AND a slowing economy....
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