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Believe It Or Not, Rate Hikes Are Working: Fed s Next Moves As The Business Cycle Turns

Believe It Or Not, Rate Hikes Are Working: Fed s Next Moves As The Business Cycle Turns
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Rolex raises prices of its luxury watches a second time in 2022 for some customers

Swiss watch giant raises prices of its watches in Europe by an average of 5 per cent, blaming changes in exchange rates. It raised prices for most of its customers by an average 3.5 per cent in January.

Want to buy a Rolex? Sterling plunge means UK discounts as high as 19 per cent – and even more if sales tax is rebated for visitors

As the pound falls to record lows against the US dollar, those looking to invest their greenbacks in a Rolex might want to buy their luxury watch in the UK – where discounts are as much as 19 per cent.

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