1. Logic wise, the conversion rate of INR to GBP means the rate at which you sell INR to buy GBP. And that rate should equal 0.01467. 2. For an experiment, if you use the other converter on the oanda site, it shows just one rate. We have confusions because the classic converter gives us 2 rates. If...

thanks Aspirant. If what you said is right I will be the happiest. But I just want to make sure that my happiness will be justified. Excuse for being pushy. But my concern is that I have Indian rupees and I need to convert that to GBP. So if I sell one INR to buy GBP, I will get only 0.01467 GBPs. S...

Yes chetan. that makes sense to em as well. But I am hanging on the balance here. Unless I am sure that it is the closing rates I cannot apply since the i would risk the 50K spent. So I am looking for some definitive reply here. Please help.

thanks. But the data is same there as well. when i press may31 it shows closing rates of may30.

This thread should help. http://www.immigrationboards.com/viewtopic.php?p=288776&highlight=#288776 Chetan, That thread doesn't answer my question. I know that last day of earnings should be considered. But i am confused about whether the opening values on may31st(rates at end of may30) or closi...

Hi, I can see oanda rate on 31st may is : 67.0228 URL: http://www.oanda.com/currency/converter/ reply me for any more specific queries u have. Krishna, You get 67.0228 rupees when you buy a UK pound. But to buy a UK Pound you need to shell out 68.16 Rs. Ideally we should use tha latter for converti...

Hi Everyone, The BHC says oen should use 'closing spot exchange rates on the end of earning period' for coversion. My date is may 31. But if enter may 31 it shows the 'exchange rate for period ending may 30'. Only if I select june 1, it shows the 'exchange rate for period ending may31'. Kindly sugge...

I wont get VISA if thats the case. the rate was lower on 30th may so I will be screwed thanks anyway

Everyone who ahd applied should ideally know the answer, but I don't seem to get an answer anywhere in places I searched. Someone plz help.

Hi everyone, I need a confirmation on what Ramesh's reply here. I am planning to apply for tier1 and my earning period ends on may 31st. To find the excahnge rates in oanda, when I enter may 31 the converter shows rates for "period ending may 30" and only when i enter june 1 it shows rates...