When is the dollar rate expected to rise?

Discussion in 'Payment Processing' started by emiley, Apr 27, 2010.

  1. s4ndid

    s4ndid Peon

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    #201
    i also with that dollar goes up........................
     
    s4ndid, Jul 15, 2010 IP
  2. RightMan

    RightMan Notable Member

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    #202
    The conversion rate offered by Paypal has crossed 45.50 and surely appears to be very good... though pales in comparison to Xoom's rate of 46.50! :(

    Regards,

    RightMan
     
    RightMan, Jul 19, 2010 IP
  3. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #203
    I think we'll get 46 mark soon in paypal too.

    DON.
     
    deluxdon, Jul 19, 2010 IP
  4. amazingserviceprovider

    amazingserviceprovider Peon

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    #204
    We cant say any thing about dollar. When it increases or decreases so we should not wait for with drawing so we should withdraw instantly.
     
    amazingserviceprovider, Jul 20, 2010 IP
  5. RightMan

    RightMan Notable Member

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    #205
    The idea is not trying to catch the tops or bottoms... but if one has the leeway to withdraw funds by 2-3 days, one can surely do a bit of planning to extract the maximum rate possible. :)

    Regards,

    RightMan
     
    RightMan, Jul 20, 2010 IP
  6. Hmmm..

    Hmmm.. Peon

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    #206
    The highest paypal exchange rate in last 6 months or maybe a year !!!!

    PayPal exchange rate:
    1 USD = 45.7372 INR

    It will hit 46 for sure.

    :)
     
    Hmmm.., Jul 22, 2010 IP
  7. RightMan

    RightMan Notable Member

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    #207
    The stock markets world over have done remarkably well and Indian markets is expected to follow suit. Expect some weakness in the dollar rate as a result of the same! :(

    Regards,

    RightMan
     
    RightMan, Jul 22, 2010 IP
  8. RightMan

    RightMan Notable Member

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    #208
    As expected... the dollar rate have declined below 47, the last quote being 46.92 in the spot market since stock markets have already given a breakout on the up. I expect some more weakness in the conversion rate... going forward, as stock markets are expected to remain firm.

    Regards,

    RightMan
     
    RightMan, Jul 23, 2010 IP
  9. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #209
    Yeap thats why paypal's current exchange rate is 45.44 :( But still it good for us IMO.

    DON.
     
    deluxdon, Jul 23, 2010 IP
  10. JoomlaDesigner

    JoomlaDesigner Active Member

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    #210
    Yeah 45+ is quite good and satisfactory.
     
    JoomlaDesigner, Jul 23, 2010 IP
  11. RightMan

    RightMan Notable Member

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    #211
    Since last 10 days or so, the dollar rate has steadied itself above 45 mark. It appears both the importers as well as exporters are finding this level to be good for their business! :)

    Regards,

    RightMan
     
    RightMan, Jul 24, 2010 IP
  12. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #212
    Wish that it remains there till next few more months (or at least days) :p

    DON.
     
    deluxdon, Jul 24, 2010 IP
  13. RightMan

    RightMan Notable Member

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    #213
    If the markets continue to remain bullish and does not whip-saw the recent break out, the dollar rate would easily break 45 (Paypal's rate) on the downside! :(

    Regards,

    RightMan
     
    RightMan, Jul 25, 2010 IP
  14. RightMan

    RightMan Notable Member

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    #214
    As expected... the dollar rate has seen a slide from 45.75 to 45.12 (paypal rate). The question now is... will it stop here or break 45 level as well?

    Regards,

    RightMan
     
    RightMan, Jul 29, 2010 IP
  15. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #215
    Seems like it breaks 45 level in coming days (soon).

    DON.
     
    deluxdon, Jul 29, 2010 IP
  16. RightMan

    RightMan Notable Member

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    #216
    The 45 level got broken in a day! :eek:
    The rate in the spot market is 46.37 and Paypal's rate is below 45... quoting at 44.89! :(

    Regards,

    RightMan
     
    RightMan, Jul 30, 2010 IP
  17. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #217
    Ahh. I knew it (my 6th sense) :p

    DON.
     
    deluxdon, Jul 30, 2010 IP
  18. getjimmy

    getjimmy Prominent Member

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    #218
    Reminds me of those early 2009 days when it was around INR 48-49/$
     
    getjimmy, Jul 31, 2010 IP
  19. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #219
    And reminds me of those early days too when it was around 38-39 :(

    DON.
     
    deluxdon, Jul 31, 2010 IP
  20. jagan1981

    jagan1981 Well-Known Member

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    #220
    Ohh man..i had to drop of idea of withdrawing
     
    jagan1981, Aug 1, 2010 IP