Yep definitely good for us In the last few month or so, USD kept increasing all the time, hope it reaches $1 - 50 INR Still remember paypal gave me as low as 37 INR about 6 months back!
It will be more "extraordinary" after the USA goverment injects large amount of money to rescue the stock market!
Good for us who earn in USD as we are getting a good rate in INR, so make the most of now 37 INR :| Do you want to kill us and IT companies, the record till now is 38.89 INR... Now it is 45.93 INR
It’s a complete reversal of a trend that we have seen USD going down in value ever since well…if I could recall sometime around 2003 until recently weeks ago. With USD going up, oil price should be going down and that is good news indeed.
Strengthening of US dollars sounds good to all Indian webmasters because we get a higher pay out for the given dollars. The exports too will flourish but the imports will become costlier especially the crude...
Paypal always pays me less It was almost 38, 37.9..... Just checked into paypal, and got some info: in Jan 2008 - Exchange rate: 1 U.S. Dollar = 38.1420 Indian Rupees Edit: in Nov 07 Exchange rate: 1 U.S. Dollar = 38.0542 Indian Rupees and Exchange rate: 1 U.S. Dollar = 38.0152 Indian Rupees anyways, cheers!
90% of the posters here(in this thread) are Indians. LOL Looks like Only the Indian webmasters are gaining from this sudden change (no offense meant, I respect each and every country equally)
usd devalues . It is known to all. That is also the reason of oil price raising , food price raising, gold price raising.
Good news for Canadians too. Right now 1 USD = 1.07 CAD. The 7 cents per dollar pays the Paypal Fees However, I remember in the 90s when it was 1 USD = 1.40 CAD.
May not last if Fed cuts rates to stimulate the economy. Given all the financial woes, it may just do that, especially crude oil prices are falling through the roof.
in Morocco 1 USD = 7.9755 DH and when the USD is stronger was 1 USD = 10 DH . i hope USD get back to it :d . thank you www.break4g.com
TBH it's good news for me, I work mostly in $ online but have to convert to £'s to use it here, so if the $ is stronger that means more money for me . I hope it continues to become stronger.