I suggest everyone to withdraw in each exchange rate whenever you need funds thats all. BTW 45+ is not a bad at all. DON.
It is hard to say, but for the US to get exports going again, they need to get the rate down, so that US products can compete more globally... Just my 2 cents, but watch the markets daily...
From the technical analysis perspective, dollar rate surely looks bullish... as long as it can maintain above 46.50 in the spot market! Regards, RightMan
We would have easily seen this rate... if not for the huge dollar inflows from FII's in the stock market! Regards, RightMan
Now a days dollar is quite high and all those who want to withdraw should do it asap or I suggest to buy something online instead.
In spite of the huge dollar inflows in last couple of months, the rate has not crashed. In fact it has pretty much held this level... pretty efficiently. I wonder what will make the rate to crash... now? Regards, RightMan
Thats why suggested below given few days back. http://forums.digitalpoint.com/showthread.php?t=1782655&p=14916609#post14916609 DON.
I am having an unverified acc of PP with the limit of 500$ per month and as i was expecting funds on Satday i thought to withdraw after receiving it on satday..now it has become low...
What Happened to Me is Like LOL One day, I saw 45.5 To be the exchange rate! And Next day it was like .6! and I withdrawed 300+ making my Paypal balance $x to make use of the exchange Rate! OMG! It was 44.6 ~ExP~
It appears.... the huge dollar inflow from overseas, is finally taking its toll on the dollar rate! It breaking 46.50 in the spot market is an ominous sign! Regards, RightMan
Expect some more pressure in the conversion rate of tomorrow... as Stock markets have risen a massive 400+ points today and there is likelihood of very strong dollar inflow by FIIs. Regards, RightMan
The rate in the sport market has crashed to 46.15, which would imply that the paypal rate would be close to 44.50! Regards, RightMan