USD bouncing back on INR ?

Discussion in 'Payment Processing' started by agnivo007, Aug 15, 2007.

0
  1. #1
    Live mid-market rates as of 2007.08.16 04:46:33 UTC.
    1.00 USD United States Dollars = 41.1442 INR India Rupees
    1 USD = 41.1442 INR 1 INR = 0.0243048 USD
     
    agnivo007, Aug 15, 2007 IP
  2. ewriter

    ewriter Banned

    Messages:
    590
    Likes Received:
    9
    Best Answers:
    0
    Trophy Points:
    0
    #2
    Yes I have got tip from share service provider, do not buy big stocks today.
     
    ewriter, Aug 15, 2007 IP
  3. YIAM

    YIAM Notable Member

    Messages:
    2,480
    Likes Received:
    240
    Best Answers:
    0
    Trophy Points:
    280
    #3
    So, It's good time to withdraw our PayPal??
     
    YIAM, Aug 15, 2007 IP
  4. ewriter

    ewriter Banned

    Messages:
    590
    Likes Received:
    9
    Best Answers:
    0
    Trophy Points:
    0
    #4
    Yes its time to request withdrawl from paypal.
     
    ewriter, Aug 15, 2007 IP
  5. sachin410

    sachin410 Illustrious Member

    Messages:
    6,422
    Likes Received:
    573
    Best Answers:
    0
    Trophy Points:
    410
    #5
    Two primary reasons:
    -Capital outflows from Indian equity markets.
    -RBI's ECB restrictions.

    I think INR may fall to 41.5-42.

    Yes, it is a good time to withdraw.
     
    sachin410, Aug 15, 2007 IP
  6. ewriter

    ewriter Banned

    Messages:
    590
    Likes Received:
    9
    Best Answers:
    0
    Trophy Points:
    0
    #6
    I hope my infosys and tcs stock will go up today. I am going to withdraw paypal now
     
    ewriter, Aug 15, 2007 IP
  7. Coder

    Coder Banned

    Messages:
    311
    Likes Received:
    8
    Best Answers:
    0
    Trophy Points:
    0
    #7
    !! Party Time For Indians !!

    Current Rate is : 41.120
    Cheers...
     
    Coder, Aug 15, 2007 IP
  8. agnivo007

    agnivo007 Peon

    Messages:
    4,290
    Likes Received:
    289
    Best Answers:
    0
    Trophy Points:
    0
    #8
    And it's 1.00 USD = 41.6695 INR now ;)

    PayPal updates the exchange rate once per day AFAIK...so withdraw when you see the changes.

    I think this situation would be short-lived...so these rates might not exist for long...and fall back to 40.xx soon.
    What do you guys think?
     
    agnivo007, Aug 16, 2007 IP
  9. deluxdon

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

    Messages:
    25,481
    Likes Received:
    1,943
    Best Answers:
    32
    Trophy Points:
    480
    #9
    Agree with you agni that these rates might not exist for long (may be for a week max IMO).

    BTW its good time to withdraw your funds from paypal ;)
     
    deluxdon, Aug 16, 2007 IP
  10. agnivo007

    agnivo007 Peon

    Messages:
    4,290
    Likes Received:
    289
    Best Answers:
    0
    Trophy Points:
    0
    #10
    And now INR bouncing back on USD...as I said, the effect would be short-lived...mainly due to the sensex drop.

    Just withdrew from PP : Exchange Rate : 1 U.S. Dollar = 41.2800 Indian Rupees.

    If you wanna withdraw funds, do it quickly...cause PP will revise the rate soon ;)
     
    agnivo007, Aug 17, 2007 IP
  11. Rohit patel

    Rohit patel Prominent Member

    Messages:
    15,771
    Likes Received:
    735
    Best Answers:
    0
    Trophy Points:
    310
    #11
    Well markets drops makes rate higher for us. Its now right time to withdrawl money before it drop once agian.

    Rate: 1.00 USD = 41.5699 INR
     
    Rohit patel, Aug 17, 2007 IP
  12. Coder

    Coder Banned

    Messages:
    311
    Likes Received:
    8
    Best Answers:
    0
    Trophy Points:
    0
    #12
    Yes it is the right time to withdraw money...

    I am withdrawing mine $500 Today ;)
     
    Coder, Aug 18, 2007 IP
  13. manojsadh

    manojsadh Banned

    Messages:
    111
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    0
    #13
    but i think it will not stand at this price for a long time .
     
    manojsadh, Aug 18, 2007 IP
  14. getjimmy

    getjimmy Prominent Member

    Messages:
    17,260
    Likes Received:
    1,005
    Best Answers:
    0
    Trophy Points:
    360
    #14
    So to withdraw now or wait for INR to rise?
     
    getjimmy, Aug 18, 2007 IP
  15. agnivo007

    agnivo007 Peon

    Messages:
    4,290
    Likes Received:
    289
    Best Answers:
    0
    Trophy Points:
    0
    #15
    Better do it today... ;)
     
    agnivo007, Aug 18, 2007 IP
    Rohit patel likes this.
  16. deluxdon

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

    Messages:
    25,481
    Likes Received:
    1,943
    Best Answers:
    32
    Trophy Points:
    480
    #16
    Not stay here for long time IMO ;)

    Go ahead and withdraw some amount now :D
     
    deluxdon, Aug 18, 2007 IP
  17. Rohit patel

    Rohit patel Prominent Member

    Messages:
    15,771
    Likes Received:
    735
    Best Answers:
    0
    Trophy Points:
    310
    #17
    Abhi kara lo warna fir se down ho gaye to.:D: D:

    I think this is better time to withdrawl money.:)
     
    Rohit patel, Aug 18, 2007 IP
    agnivo007 likes this.