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Dollar Dropping

 

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 Post subject: Dollar dropping
Posted: Sun Jul 17, 2005 3:02 pm 
 
Oldbie
Oldbie

Joined: Sun Jul 17, 2005 1:25 pm
Posts: 102
Ryan
Added: 9:25 4th.Dec.2004

Brett,

The Dollar keeps sliding down in value against the Euro and other currencies. My question is, will this affect the price of my stay in Kiev? But one the flip side the Hryvnia has also been falling due to the political situation there, so will this be awash?
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 Post subject: Killing Me
Posted: Sun Jul 17, 2005 3:03 pm 
 
Oldbie
Oldbie

Joined: Sun Jul 17, 2005 1:25 pm
Posts: 102
A commentary by: Brett Ousley - Owner
Added: 13:53 4th.Dec.2004


The Dollar drop is killing me! The Dollar has fallen over 35% against the Euro in the last 18 months. Everything in Kiev that is purchased in Europe has gone up. Most consumer goods here of any quality are from Europe.

The Hrivna (Ukrainian Currency) has dropped along with the dollar. It really has not changed.

So, to answer your question: yes and no. What comes from Europe will be more expensive and what is from Ukraine will not have changed much.

But, for example, apartments are much higher because of real estate appreciation, and most of the repair is done with European goods.

Brett Ousley
Owner Kiev Connections

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  Please note: Forum is closed. Unfortunately, our forum was hit with an enormous amount of spam postings and was constantly being hacked. I just do not have the time to spend countless hours updating the forum. Consequently, what you see here is an HTML copy of the original forum. You can read these great postings but nothing new can be added. Brett

 

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