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When is the dollar rate expected to rise?

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

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  1. RightMan

    RightMan Notable Member

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    #41
    The official exchange rate is 45.61... while that of Paypal is 44.1870!

    Regards,

    RightMan
     
    RightMan, May 8, 2010 IP
  2. deluxdon

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

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    #42
    Wow 44.18. Its time to withdraw some funds from paypal IMO :p

    DON.
     
    deluxdon, May 8, 2010 IP
  3. aspire

    aspire Well-Known Member

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    #43
    When the stock markets tank, the USD vs other currencies also move. The USD appreciates and the other currencies depreciates. So, if you are converting USD to your currency, you would be happy.
     
    aspire, May 8, 2010 IP
    gauravgrt likes this.
  4. itismine

    itismine Active Member

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    #44
    It's great news.......
     
    itismine, May 8, 2010 IP
  5. emiley

    emiley Active Member

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    #45
    Amazing ! The exchange rate is 44.18 right now.
     
    emiley, May 8, 2010 IP
  6. unna

    unna Well-Known Member

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    #46
    fiss....

    I lost Rs1000+ due to currency conversion rates...

     
    unna, May 8, 2010 IP
  7. emiley

    emiley Active Member

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    #47

    Well, I have lost much more than that, but atleast it is high now !!
     
    emiley, May 8, 2010 IP
  8. RightMan

    RightMan Notable Member

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    #48
    This is the correct way to look at the volatility! If you begin to fret over the incidental loss, it would serve no purpose... except making you anxious and worried, each time you do the withdrawal! :(

    Regards,

    RightMan
     
    RightMan, May 8, 2010 IP
  9. RightMan

    RightMan Notable Member

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    #49
    As anticipated.... stock markets have risen sharply today and so, the dollar rate is down sharply to below 45. It is quoting at 44.90... right now! :)

    Regards,

    RightMan
     
    RightMan, May 10, 2010 IP
    gauravgrt likes this.
  10. clbyodo

    clbyodo Peon

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    #50
    Today i withdrawn some money into my bank account and i got rate of 42.93.
    Why Paypal is providing so low conversion rate?
     
    clbyodo, May 10, 2010 IP
  11. gauravgrt

    gauravgrt Peon

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    #51
    and i withdrawed at that rate today seeing rupee appreciate by 60 paise, 600 rupees saved for me. :D
     
    gauravgrt, May 10, 2010 IP
  12. SMLMATS

    SMLMATS Guest

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    #52
    I wish I know this, I could make a fortune.
     
    SMLMATS, May 10, 2010 IP
  13. RightMan

    RightMan Notable Member

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    #53
    You should have waited for a better rate. The stock markets were up... I guess for a one day wonder and have collapsed again today! Dollar is already quoting at 45.25 in the spot market today! :)

    Regards,

    RightMan
     
    RightMan, May 11, 2010 IP
  14. deluxdon

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

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    #54
    What do you think about next 2-3 days RM ??

    DON.
     
    deluxdon, May 11, 2010 IP
  15. prettybomb2008

    prettybomb2008 Peon

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    #55
    Dollar rate now when I am withdrawing is around 43 plus something and I wish it would atleast come up with a 45 mark atl east...Seems like paypal conversion is very low at the moment. If you have spare money to spend and you dont need it yet better wait to withdraw..
     
    prettybomb2008, May 11, 2010 IP
  16. RightMan

    RightMan Notable Member

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    #56
    Next 2 days would be lackluster days with not much movement either ways... though I guess they would set the trend for the coming days! :)

    Regards,

    RightMan
     
    RightMan, May 11, 2010 IP
  17. deluxdon

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

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    #57
    Any hope for 44+ again in next 2-3 days in paypal ????

    DON.
     
    deluxdon, May 11, 2010 IP
  18. williammfelix

    williammfelix Peon

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    #58
    I said better you save it. In me years trading experience when it is the lowest, you better keep buying. Till it hit something big and soar. But remember perseverance is the key. Always accumulate it.
     
    williammfelix, May 11, 2010 IP
  19. vannarith

    vannarith Active Member

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    #59
    However, my dollar rate in my country is so high if compare to my local currency. 1dollar=4280 riels. I dont know why it is still keeping high and high
     
    vannarith, May 11, 2010 IP
  20. Snipers

    Snipers Peon

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    #60
    yes, please see daily sensex.
    when it will decrease the Dollar rate will be high and when it will increase the Dollar rate will be drop.

    Thanks
     
    Snipers, May 12, 2010 IP
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