I am from Pune. I want to convert USD to INR that I have with me. Should I convert it now or wait for a better exchange rate? Also let me know from where do I convert (bank/any other firm) for getting maximum value?|||A bank is probably the easiest place/way to do the exchange. You can call around to see if one has a better rate than the other. But they'll all probably be pretty close. If you're exchanging large amounts (like 100's of thousands of dollars range), you can probably negotiate a better rate (one that's closer to the spot price).
Over the past year, rupees have been falling in value compared to the dollar. Although in the past week, the dollar has given about 10% of that back. (from 32 INR/$ down to 40 INR/$, now at 39 INR/$). If my crystal ball could tell me what the markets are going to do in the future, I certainly wouldn't be wasting my time here on Y!A.|||You can get it from Western Union office if you want. But I would prefer to go with bank instead
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