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
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.
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
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.
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
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
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
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
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
The 45 level got broken in a day! The rate in the spot market is 46.37 and Paypal's rate is below 45... quoting at 44.89! Regards, RightMan