[via PDK] What we are seeing and what people on the streets over there are telling me (people that live there and work there) is that they are seeing a very wide floating range…1100-1150 is what many are insisting on. Even contractors who get paid from one day to the next are having to renegotiate their rate because it is constantly changing. It is floating, changing and moving. Is it officially on a float…according to the CBI – no. But according to people on the streets who are experiencing the float – yes.
