Thanks for the valuable post... I finally removed some money via xoom n ordered it via bluedart. At last some relief seeing 40. something on the board!
Yeap at XOOM Current Exchange Rate: US$ 1.00 = INR 40.0114 Hope it'll increase little bit more (Amit good news for you too )
No problem withdrew 6000$ in last 3 days and still have got 4.5k$ more to withdraw and this 0.xxRs increase may not help us as these withdrawals occur every month.
I know amit but if increase in 1.00Rs you'll get more 6000Rs. for your 6k$ Hope we'll get previous rate 43-44 back within few days
Well RBI going to buy forex to make $ rate more better. PayPal rate is stll down to 40 Rs. I hope rate would increase in next 1 months.
1 cup of Time, 2 table spoons of Intelligence and 10 glasses of hardwork can get you what amit gets. He has grow from Zero to what he is today with a lot of hardwork and intelligence. Meet the guy, come to DSM meet next time, see our other Indian friends like Pankaj, Vaibhav, etc u'l learn a lot.
Rates always going up and down , but most of the time it lies as $1 = 43.82 or something , its mostly on $1= 42-44 rupees.
Well these prices will go up as soon in June / July as the students go US for studies. If i reckon correctly last year also dollar prices went down a bit this time of the year but this time it's kinda very low.
I feel sad to say but i have got the news frm my sources tht rupee will get stronger further may be to rs 37
I dont know why some of you say that its good for India that the Rupee is rising against the Dollar. It is definitely helping India's importers and yes, the Oil import bill wiill be considerably lesser... But don't forget the plight of the exporters. The USD is now the weakest in 9 years against INR - and if you consider the purchasing power of that time with today, its even lower. Our best IT companies like Infosys, TCS and Wipro earn billions of Dollars in revenue from outsourcing and other offshore work, their profits will be hit hard! Webmasters are being hit hard..exporters the hardest!! I rather agree with the suggestion to have transactions in Euro now. Its much more stable...and strong!
Dollar seems ready to break the 40 psychological mark . Last time it was below 40 INR was on 14th May 1998.
paypal cuts $5 as fess and then also give 1Re then nomal rate. as if today 1$=Rs40.14 in market paypal calculate check at Rs 39 that even also affect. as my 2500 $ check comes to 98000 INR that is very bad I am eagerly waiting when will $ again be stronger otherwise we all webmaster have to think for other currency.
Current Exchange Rate: US$ 1.00 = INR 39.2893 @ xoom Looks like you must make a withdrawal as soon as it reaches near 39.5+ it doesn't look like it will cross 40$ mark anymore!