Loonie on the way to parity with USD- 12 Oct. 2009

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investpro
Member since: Nov 06

Posts: 1628
Location: carl sagan's universe
Post ID: #PID

Posted on: 28-10-09 20:06:58

loonie trades at 92 cents.
For pros and cons of intervention read:

http://www.financialpost.com/story.html?id=2150492

ftfl
Member since: Jul 06

Posts: 2335
Location:
Post ID: #PID

Posted on: 30-10-09 16:09:56

We whooped their horse till Nov. 2007.

We were better or there abouts till Aug of 2008.

Then till middle of October of this year we were down. Close to 30 cents.

As recently as 15th October, we were off by 2.5 cents.

Now we are in a losing streak.

And who knows, we still have two good months to wait and watch.

This week is over, and so is the month.

That is why I asked "Are You Sure ??!!"

My bets are off.

Freddie.

yu203967
Member since: Dec 03

Posts: 16
Location: Weston Road and Eglington
Post ID: #PID

Posted on: 05-12-09 16:34:54

Good discussions. Where do you guys see, CAD headed against INR ?
Do you see, CAD touching Rs 45 mark.

Also I would like to hear from members about UAEExchange as a company. Did anyone use their services ? How reliable is this company ? There exchange rates seems better than ICICI / SBI.

The bottom line is, I need to remit some big amount in 'White' for a property purchase, so can not take any chances with the money.

Thanks in advance for your advise, or if you could suggest any other remittance company operating out of Toronto, besides large banks.

kapilmalik
Member since: Oct 03

Posts: 51
Location: canada
Post ID: #PID

Posted on: 05-01-10 19:52:11

Have you tried Money2India.ca they are subsidy of ICICI and always have better rates thank ICICI canada and SBI. I have been using this service for over 2 years now without any issues.

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You can complain because roses have thorns or you can rejoice because thorns have roses.

rajcanada
Member since: Jul 03

Posts: 2713
Location: Kitchener, ON
Post ID: #PID

Posted on: 06-01-10 06:38:55

Quote:
Originally posted by kapilmalik

Have you tried Money2India.ca they are subsidy of ICICI and always have better rates thank ICICI canada and SBI. I have been using this service for over 2 years now without any issues.

It is money2india.com and not .ca.

Today's ICICI Bank Canada's rate for 1 CAD = 43.5782 INR
Money2India's quote 43.4811924

Seems right now ICICI Canada is giving better rate than money2India.

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Give free food http://www.thehungersite.com ||

ftfl
Member since: Jul 06

Posts: 2335
Location:
Post ID: #PID

Posted on: 05-04-10 12:14:49

A penny for your thoughts.

The Canadian Dollar was so close to PAR this morning, two cents would have made it.
Our economy has not picked up any, we have not opened up any mines, No jobs have been created, except a thousand or so, But the price of OIL is pushing it up so high.....Now it is time to watch for the tables to turn. Buy a few for the rainy days.

Freddie.

pranavshah77
Member since: Feb 05

Posts: 92
Location:
Post ID: #PID

Posted on: 05-04-10 12:36:26

i trade through TD borderless plan though the benefit is only 1 cent then regular trade. means even though for selling and buying usd we can loose around 1.5 cent per one dollar trade.

i have 5000US$ which i bought in 1us=1.053 can. now i am loosing money if i trade in current rate due to selling rate-1.5 cent bank commission.

is there any better option than the bank where i dont loose in bank commission atleast.

regards,

Pranav

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pranav shah

Contributors: ftfl(3) mkannuri(3) NM(2) febpreet(2) desi-friend(2) pranavshah77(2) northyork_desi(1) yu203967(1) Cougar(1) kapilmalik(1) tamilkuravan(1) rajcanada(1) benparsad(1) JRF(1) Kalpna(1) investpro(1)

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