Currently, the rupee value is strong against dollar.when is the correct time for me to channge my dollars -Rs?
Can anybody give the prediction about the dollar value against rupee in coming months?
The best place to look for likely future exchange rates is in the futures market.
Many companies that do international trade use those rates to protect themselves from the risk of currency exhcange, so i think those rates are a bit more conservative but are relativly accurate as to the trend wheather up or down. If the exchange rates could be predicted perfectly everyone would do it now wouldnt they.
