Xoom giving 1 $ = 39.2336 INR will the Inr value increase soon

Discussion in 'Payment Processing' started by annera, Sep 18, 2007.

  1. #1
    I want to withdraw money from my paypal a/c if withdrawing from paypal it will take 1whole month so Iam thinking to withdraw through xoom the current value :

    1 $ = 39.2336 Inr [xoom rate as on 19 sep 2007 ]

    Are there any chances in this week or so that the Inr value will increase a bit high as last week once it went some up 1 $ = 40 Inr .

    Will ever the rate be again 1 $ = 42 or 44 Inr once it use to be months back .

    Any suggestions should i withdraw now or wait this week for any increase in the value.
     
    annera, Sep 18, 2007 IP
  2. deluxdon

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

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    #2
    If you want to withdraw then go for it because i don't think so that there is much veriation in exchange rate (may be 0.20 to 0.30 variation in one week). BTW you have to pay $9.99 as xoom fees instead of previous one $8 for below $500 transaction due to increase fees just 1-2 days back :p
     
    deluxdon, Sep 18, 2007 IP
  3. YashBhatt

    YashBhatt Banned

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    #3
    $10 for the Xoom fees is too much.
    But is it worth giving $10 ?

    Iam planning to order around $100 through the Blue Dart service of Xoom in INDIA.
    Is it worth ?And whats the delivery period ?
     
    YashBhatt, Sep 19, 2007 IP
  4. goforhunt

    goforhunt Banned

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    #4
    Better use bank deposit...it will take 48hrs
     
    goforhunt, Sep 19, 2007 IP
  5. forumrating

    forumrating Notable Member

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    #5
    i know i went for the cheque and it took me about 6-7 days for the courrier to reach my place, bank deposit would be better.

    also you can wait till the price increases of usd , in case u need instant cash then order the funds.

    rupee has gone up recently against the usd.

    ah well thats another bad news $10 to be paid instead of $8, thanks for that bit of info deluxdon
     
    forumrating, Sep 19, 2007 IP
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  6. Cash4master

    Cash4master Banned

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    #6
    It will never increase because remember INDIA is developing country and it is slowly becoming near and near to US and so the living standard of people is rising day by day,so the price of USD will fall day by day.;)
     
    Cash4master, Sep 19, 2007 IP
  7. deluxdon

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

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    #7
    Maybe you are right :p

    Current Exchange Rate at XOOM:
    US$ 1.00 = INR 38.9647 (below 39) :eek:
     
    deluxdon, Sep 19, 2007 IP
  8. DarkX

    DarkX Peon

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    #8
    Lucky me,I transfered all my funds before xoom made the fees $10 and exchange rate 38.96 :D
    ---------------------
    Current USD = INR
    1.00 USD = 40.0434 INR

    - DarkX
     
    DarkX, Sep 19, 2007 IP
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  9. hexadesigns

    hexadesigns Peon

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    #9
    Expect more less in the forthcoming week. Yesterday the Rupee was all time high against the dollar at 40.21 in nine years. The more you wait the less you can expect.
     
    hexadesigns, Sep 19, 2007 IP
  10. AGirlFromIndia

    AGirlFromIndia Peon

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    #10
    stock market hit all time high yesterday, and the festive season. best guess would be there will be no big changes.
     
    AGirlFromIndia, Sep 20, 2007 IP
  11. hostmellow

    hostmellow Peon

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    #11
    When the rate is low, isn't it good for your country? :p
     
    hostmellow, Sep 20, 2007 IP
  12. suzzane_bebo

    suzzane_bebo Banned

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    #12
    Yes if the rate is low then you should be happy instead that your country is progressing, dont be personal think of whole nation
     
    suzzane_bebo, Sep 20, 2007 IP