The euro has gone berserk the past week, reaching a high of 1.64 against SGD and currently standing at 1.59 against SGD. For the past few months, euro was quite low around the range of 1.5 only. So my question is, with the sudden spike in euro, will Rolex watches become more expensive? Will Singapore shops increase their prices since they have been talking about it for quite some time and the last price increase was 3 years ago. Also, will the grey dealer Rolex pieces which are sourced mainly from Europe increase their prices too because of the more expensive EURO now? What do you guys think?
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With the EURO going crazily high, will Rolex pieces be more expensive??
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