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I have read that links to rel="nofollow" doesn't help in pagerank or SEO.

I used google webmaster tool to find out the external links pointing to my website.

In results i found some links from posted in facebook too with rel="nofollow". Now I have been confused that whether those links from facebooks are helping to promote my Pagerank and SEO or not?

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If Page A links to Page B with a nofollow link, no PageRank will be passed from A to B.

That said, don't forget that the whole purpose of SEO is to get visitors. If Page A can help Page B get visitors, even if it doesn't pass PageRank, then the link is doing its job.

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Exactly. If Google linked to you from its homepage your traffic would skyrocket, regardless of whether it was nofollow. – DisgruntledGoat Nov 19 '10 at 16:38
rel=nofollow is more about clearly stating intent. Given their recent algorithms which further punish linkfarms/backlinks/irrelevant content networks, it's undoubtedly good etiquette to use rel=nofollow where appropriate. When blogging, I always rel=nofollow URLs which I may be linking to but don't consider necessarily reputable or worthy of some 'linkjuice'. It's a case-by-case consideration; sometimes I might be linking to a common or relevant keyword and don't wish to diminish internal links or links to our own sites for the same terms or in the same context / paragraph / page. – Christopher Woods Feb 14 at 16:38

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