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Banking: Prashant Joshi
I own a prepaid forex card, loaded with $150. I had bought foreign currency when the rupee was 47 for a dollar. Will the dollars be converted at the current rate if I offload the card? Yes, the bank or money changer will convert the dollars at the current exchange rate. Foreign currency is always converted on that day's exchange rate. I took a home loan three years before, with my wife as co-borrower.
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