Sunday, May 18, 2008

US dollar value fluctuating

US dollar value is fluctuating a lot last 1 month and it has gradually risen by 5% and we hope it rises by another 5 % equalling Indian rupees to 45. The rise and fall in US dollar directly affects other currencies of the world. I have to deal with Omani rials and dollar decides its exact value. More the value of US dollar, more i get for Omani rials. even other world currencies like Euro, pounds, Indian rupee, etc. depend on US dollar. But past few months, i have seen Australian and Canadian dollar almost equalling US dollar. There were times when AUS and CAD $ 's where 60 % of US $ but they are almost equal. The bad US politics has surely affected US $.

Wednesday, May 14, 2008

The rising dollar value

Dollar is gradually recovering. I last time put the dollar value as
1 US $ = INR ~41

Today i see the value is 1 US $ = INR 42.36 ! great, the currency value is rising gradually. I suppose dollar in a months time by max. will hit as much as Rs. 45. This is certainly some good news for exporters and webmasters also.

Tuesday, May 13, 2008

The value of dollar

Dollar has seen several ups and downs lately and that is the main purpose of creating this blog. I will be writing about US dollar related news. Lately, dollar has seen a bit of rise after it heavily fell past 3 years. It has fall by as much as 40 % in past 5 years. To keep you updated with its value from time to time and a bit of analysis, i have started this blog. Current value of dollar against INR is 1 US dollar = Rs. 42. Keep coming for more dollar value news.