Yep it's having an effct here. We''re paid in NZ dollars for our work and the Riyal is pegged to the US dollars. When we arrived in Qatar in March the figure on the left read $667.00 so basically there was a 3 to 1 difference. Add that do sales and there were some real bargins. Now we are almost at 2 to 1. Our buying power has diminished significantly. So no more suits. A drink at the hotel now costs $15NZ. Thats tough given it is so hot and you do get thirsty
Friday, October 24, 2008
The Financial Crisis
Yep it's having an effct here. We''re paid in NZ dollars for our work and the Riyal is pegged to the US dollars. When we arrived in Qatar in March the figure on the left read $667.00 so basically there was a 3 to 1 difference. Add that do sales and there were some real bargins. Now we are almost at 2 to 1. Our buying power has diminished significantly. So no more suits. A drink at the hotel now costs $15NZ. Thats tough given it is so hot and you do get thirsty
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