![Why are Rolex watch prices in Britain hiking up, despite the pound sterling slump? The luxury Swiss timepiece brand increased price tags by 5 per cent – while demand still outstrips supply Why are Rolex watch prices in Britain hiking up, despite the pound sterling slump? The luxury Swiss timepiece brand increased price tags by 5 per cent – while demand still outstrips supply](https://cdn.i-scmp.com/sites/default/files/styles/768x768/public/d8/images/canvas/2022/09/05/6bb8cbe3-ea6a-433c-9187-74e744da5e84_6f9a67a9.jpg?itok=r8pwUp8k&v=1662369919)
Why are Rolex watch prices in Britain hiking up, despite the pound sterling slump? The luxury Swiss timepiece brand increased price tags by 5 per cent – while demand still outstrips supply
![Why are Rolex watch prices in Britain hiking up, despite the pound sterling slump? The luxury Swiss timepiece brand increased price tags by 5 per cent – while demand still outstrips supply Why are Rolex watch prices in Britain hiking up, despite the pound sterling slump? The luxury Swiss timepiece brand increased price tags by 5 per cent – while demand still outstrips supply](https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2022/09/05/f4c998a3-1b64-451c-ad4d-c21a0a47f275_a4732378.jpg)
Why are Rolex watch prices in Britain hiking up, despite the pound sterling slump? The luxury Swiss timepiece brand increased price tags by 5 per cent – while demand still outstrips supply
![Just like cryptocurrencies, the once red-hot Rolex watches are also plummeting in value. Some discontinued models are witnessing a 50% drop in resale prices. - Luxurylaunches Just like cryptocurrencies, the once red-hot Rolex watches are also plummeting in value. Some discontinued models are witnessing a 50% drop in resale prices. - Luxurylaunches](https://luxurylaunches.com/wp-content/uploads/2022/07/rolex.jpeg)