PPRuNe Forums - View Single Post - Inflation Inflation! EK what to expect?
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Old 26th Feb 2008, 20:03
  #73 (permalink)  
disconnected
 
Join Date: Mar 2004
Location: UK
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Euro, Aussie, Kiwi and Loonie hitting record highs against the dirham and dollar. Even the battered pound is reclaiming its levels.

EK salaries dropped a little more today and further cost of living increases guaranteed in future months.

The Dirham will not be devalued any time soon as the labour is so cheap!

Enjoy the paycut - There is a lot more pain to come....
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