Details about Foreign Exchange rate...

[wilmani]

Hi all,
Can any body have any idea like when might the canadian exchange rate come down....??? :
Day by day its getting increasing like anything and its 54.4 today.....
I wanna pay my college fee...... :-[ So R there any chances that the exchange rate comes down before June???? :'(

 

[soberdeepak]

Not very soon !! U can't wait for dollar rate to pay ur fee ! U jus pay u might have to pay close to 55.5 after addin charges nd all !!

 

[mrkashif]

its moving high until unless the the exchange rate of Canadian dollar against US dollar is below the parity.i.e
if you buy one US dollar you pay only 0.9850 Canadian dollar
infect technically the mkt forces are in favor of Canadian dollar.
so in my point of view you should go for right now otherwise you will have to pay more!

 

[wilmani]

Thanks Guys for ur advice....