03-11-2008, 12:25 PM
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Banned
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Join Date: Oct 2003
Location: Yorba Linda,
CA
Cobra Make, Engine: SPF w/392CI stroker
Posts: 3,293
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Not Ranked
Quote:
Originally Posted by madmaxx
I love the cobra and rolex market, economy is tanking so BDR and SPF increase roller prices, Roush has an increase and Rolex increased by 10%!!!
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Forex (foreign exchange) market is driving the cost of a roller from South Africa. It made rollers more expensive since late '07 when the Rand had strengthened (dollar had fallen) about 12% in 6-7 months. Looking at the Forex today, the Rand has actually weakened against the dollar and the dollar has strengthened by about 10% vs one year ago (i.e. a Dollar buys 10% more Rands than it did in March '07).
Said another way (English), with the weakened U.S. economy and a stronger dollar (relative to the Rand, anyway), I could foresee Backdraft and SPF having to be willing to negotiate somewhat to work deals. Just my $0.02...your actual mileage may vary.
-Dean |
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