BTW xoom currently offering USD 1.00 = Rs 46.2202 Hope paypal offer similar to this exchange rate DON.
You're right buddy, i was only making a joke. Its very hard to time this things and you've absolutely no control over it.
Yeah i too checked its damn good compared to what it was 15 days ago. Had triggered some withdrawals at this rate.
Xoom has always been giving better conversion rate... if only their withdrawal facility of Paypal funds had not stopped, we would have all got little more buck for our funds! Regards, RightMan
There is huge demand for dollar from the 'Foreign Institutional Investors' (FII) as they have sold roughly 9550 crores (INR) of equity in Indian market in this month so far! Naturally... the conversion rate is moving up! Regards, RightMan
I would love if it comes around 50, then it would be perfect vacation for every Indian Online Marketer.
If one is looking to withdraw paypal funds in the near future... I guess this rate is the best! I anticipate the stock markets to take a breather from falling and hence expect dollar rate to fall/stay at this level for few days! Regards, RightMan
Considering the settlement between Ambani brothers, I expected stock markets to be strong and hence done the withdrawal in the early morning at this rate itself! Well... the market did not do quite well.... as expected! Regards, RightMan
Settlement between Ambani brothers? Could you please elaborate how this will affect dollar rate. Thanks
Such news generally have positive effect on the stock markets... forcing the FII's to make their purchases by bringing in dollars, which in turn puts pressure on the dollar rate lowering its value! Regards, RightMan