U.S markets y'day fell heavily, there is good chance of our markets falling and good appreciation in $$ rate on monday.
If it is not urgent... you would do well to wait for Monday afternoon or evening to initiate a withdrawal. I am sure you would get a better rate than the one prevailing today! Regards, RightMan
I hope you did wait for initiating the withdrawal for today... as currently the spot rate is well above 47 and Paypal offering 45.6495! Regards, RightMan
Don't worry RM as just done one little withdrawal at this rate. Any guesses for upcoming days ?? DON.
It stayed above 47 mark for a few hours in the morning but as the stock market started selling off, it has again risen above 47... right now quoting at 47.08 in the spot market! Regards, RightMan
Currently paypal offering 1 USD = 45.2887 INR. What do you think about today's change RM ?? Up or Down ?? DON.
The stock markets have displayed good strength in rising/staying at this levels.. in spite of the bad news coming from lot many quarters. Though the trading volumes have gone down.. it could be due to the case of 'wall of worries'. Stock markets will look to spend some more time in consolidation and so the dollar rate will continue to remain steady... I guess. Do not expect much change in the dollar rate in coming few days! Regards, RightMan
China has recently said they have faith in Euro's future after a rough early year for Euro's economic stability. Markets are turning up a little for now. Wonder if there is anyway to trade USD/Indian Rupee in Forex/online broker?
Contrary to expectation of market remaining sideways... equities have turned bullish for short term and so the dollar rate in the spot market has seen a slide to 46.47! Regards, RightMan
How much is paypal exchange currency pip spread anyway? I am hearing mixed messages that it is not so generous.