When is the dollar rate expected to rise?

As usual... DON is right on dot!
I have been a stocks trader for 10 years now.... and work for my own self!

Regards,

RightMan

 

Because there is lot of compilation euro,pound ,Yuan and Rupees.

 

People looking to withdraw in next 2-3 days should better do it today itself... as the conversion rate in the spot market of 46.95 is looking very good and since market is expected to rebound lasting for 2-3 days... you would not get a better opportunity!

Regards,

RightMan

 

As expected earlier in the morning, the stock markets did bounce and that too by massive 250+ points! This has put pressure on dollar rate forcing it to slide to 46.80 in the spot market!

Regards,

RightMan

 

There is even more bad news.... as dollar rate has settled for the day, even lower at 46.70!

Regards,

RightMan

 

Since the dollar rate in the spot market is quoting at 46.52.. I guess the paypal rate should be around 45.10 since last 2 days!

Regards,

RightMan

 

currently the rate is 46.48, don't know how much it would be at the end of the day

 

ya I am aware of that
damn, I forgot this was about with draw and not buying

 

I have observed that Paypal's rate is always 1.50 less than the official rate in the spot market!

Regards,

RightMan

 

Today, the dollar is quoting at 46.84 in the spot market... due to huge inflow from FII yesterday in the stock market!

Paypal rate must be around 45.30 today!

Regards,

RightMan

 

any idea guyz, when it might reach above 47 r 48 in near future ?

 

who knows?lol

 

Looking at the huge inflows... I guess it would not happen in near future!

Regards,

RightMan

 

so what should we target for the timebeing ?