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  #1 (permalink)  
Old 29th August 2008, 05:23 PM
Tulasi's Avatar
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Default Buying & selling rates of foreign exchange!

Hi Friends,
I would like to know the Dollor value given by banks in India. For eg today market rate is 1$ - 43.8 RS..but what would be the bank rate( I know each bank's rate is different but want to know the fair value) If any of you know the details. please let know.
Thanks
Tulasi
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Old 29th August 2008, 05:43 PM
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Default Re: Buying & selling rates of foreign exchange!

You can check in bank website.The rate also varies for different ranges of amount.For amount more than 25000$ you can negotiate rate at bank.

WellsFargo bank
Competitive exchange rates (U.S. Dollars to Indian Rupees) — call 1–800–556–0605 to get current rates.
I have found the rates closer to 42.50 at State Bank of India.

Thanks
Mangai
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Last edited by mangaii; 29th August 2008 at 05:43 PM.
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Old 31st August 2008, 11:29 PM
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Default Re: Buying & selling rates of foreign exchange!

Thank you Mangai for the info, It was very useful. I also called the banks directly to know more about it...
Tulasi
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