When is the dollar rate expected to rise?

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

  1. ics

    ics Guest

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    #21
    Dollar will crash soon so its all about putting ones money into gold
    to protect your assets once the dollar dies and trust me it will happen.
    IMF wants to introduce a one world currency and kill all sovereign counties fiat currencies
     
    ics, May 4, 2010 IP
  2. RightMan

    RightMan Notable Member

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    #22
    With American stock markets crashing once again... overnight, expect Asian markets to follow suit including BSE sensex... resulting in more up tick for dollar rate today! :)

    Regards,

    RightMan
     
    RightMan, May 4, 2010 IP
  3. deluxdon

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

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    #23
    Do you expect 45 exchange rate (US$=INR) in next few day ?

    DON.
     
    deluxdon, May 4, 2010 IP
  4. Dracs69

    Dracs69 Greenhorn

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    #24
    I just withrew from my Paypal and the conversion rate for PH Peso was very low at just $1 = php 43.78+ :(
    Just hope it will go up soon!
     
    Dracs69, May 4, 2010 IP
  5. RightMan

    RightMan Notable Member

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    #25
    At the last count... INR was quoting at 44.955 to the dollar in the spot market! :)

    Regards,

    RightMan
     
    RightMan, May 4, 2010 IP
  6. deluxdon

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

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    #26
    Wow so i assume that it'll touch 45 soon.

    DON.
     
    deluxdon, May 4, 2010 IP
  7. affilorama

    affilorama Active Member

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    #27
    The dollar has actually been weakening, gradually but steadily, over the past few months. There are no signs that the trend will be changing soon.
     
    affilorama, May 4, 2010 IP
  8. deluxdon

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

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    #28
    BTW paypal's giving good exchange today (1 USD = 43.3972 INR).

    DON.
     
    deluxdon, May 5, 2010 IP
  9. RightMan

    RightMan Notable Member

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    #29
    It is already trading above 45 and lot more. I saw it trading at 45.17 in the morning trades itself! :)

    Regards,

    RightMan
     
    RightMan, May 5, 2010 IP
  10. humm

    humm बहादुर बच्चा

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    #30
    humm, May 5, 2010 IP
  11. RightMan

    RightMan Notable Member

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    #31
    I just initiated a withdrawal request and got a conversion rate of 43.8847! :)

    Regards,

    RightMan
     
    RightMan, May 6, 2010 IP
  12. deluxdon

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

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    #32
    Nice exchange rate RM. But i think you'll get funds in your bank account after 3-4 days (Monday evening).

    DON.
     
    deluxdon, May 6, 2010 IP
  13. RightMan

    RightMan Notable Member

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    #33
    I know... but I could not resist the temptation of very good rate being offered. I expect the stock market to be good for coming 2-3 days... and hence the withdrawal today itself rather than on Monday! :)

    Regards,

    RightMan
     
    RightMan, May 6, 2010 IP
  14. Wisden Writers

    Wisden Writers Well-Known Member

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    #34
    Its Such waste of time to wait for $ rate rise..I often used to do this but most of the times i was on negative site and withdrawn finally on lower rates. I was happy at the time of resession :D

    $ rate was 50+
     
    Wisden Writers, May 6, 2010 IP
  15. emiley

    emiley Active Member

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    #35
    Are you serious ? It used to be 50+ once !!
     
    emiley, May 6, 2010 IP
  16. RightMan

    RightMan Notable Member

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    #36
    Yes... it might appear to be a myth but it is a fact that dollar rate in the currency market did trade for 52+ in the first week of March 2009! :)

    Btw.. American markets saw a thunderstorm hitting them last night... with DOW down 1000 points at one time! Though it recovered and closed down only 350 points... expect carnage in Indian stock markets as well and some very good increase in dollar rate! :)

    Regards,

    RightMan
     
    RightMan, May 6, 2010 IP
  17. deluxdon

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

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    #37
    RM - Do you suggest to wait little bit more or withdraw at this point ??

    DON.
     
    deluxdon, May 7, 2010 IP
  18. RightMan

    RightMan Notable Member

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    #38
    Of course... it appears to be a good time as any, but I guess only for next few days, as I see more trouble for stock markets after a temporary relief rally!

    Regards,

    RightMan
     
    RightMan, May 7, 2010 IP
  19. Nick_Mayhem

    Nick_Mayhem Notable Member

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    #39
    Nick_Mayhem, May 7, 2010 IP
  20. deluxdon

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

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    #40
    deluxdon, May 7, 2010 IP