Why PayPal exchange rate is low as compare to RBI exchange rate?
- City: forum contact
- State: United States
- Listed: 3 April 2021 0h03
- Expires: 1715 days, 16 hours
Description
Hello, I was transferring around $50 to my Indian bank and while transferring I found out the exchange rate is too low as compared to the original exchange rate. Paypal Conversion rate: $ 1.00 USD = ₹ 68.216288 INR RBI (Reserve Bank of India) Conversion rate: $ 1.00 USD = ₹ 70.85 INR Paypal transfer amount = ₹ 3,411.17 INR RBI (Reserve Bank of India) transfer amount = ₹ 3,542.50 INR Why PayPal exchange rate is low as compare to RBI exchange rate? Please let me know as soon as possible. Thanks Anshuman Pattnaik
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- Member Since: 24 April 2021
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