Quote Originally Posted by moneymoney
Quote Originally Posted by hyxfei
Quote Originally Posted by paramita0101
Today I check that $1= Rs. 50/- (Indian) .. I check it all the site. But when I check it in paypal then its shows that $1= Rs. 48/- Only which is previous rate. So, My question is - why paypal did not uptodate it??
well. different sites provide different exchange rates. it's normal . think you only can wish them to update the rate compared to the bank rate.
I agree with you different site have different rates but i think Paypal is deducting their fees from or their will be other reason other site is giving promotion to attract more peoples but USD and local currency rate get up or down within some second some time.

YES.you got it even USD &local currency has it own rate to up or down .it's hard for those site to update immeditely and there is another reason that sites has competition among them also.