Questions tagged [currency exchange rates]

Valentina Tue Jul 16 2024 | 6 answers 1559

As a cryptocurrency and finance practitioner, I often come across questions regarding traditional banking services and their role in the financial ecosystem. One such question that frequently arises is whether major banks, like Axis Bank, publish currency exchange rates. Given the significance of exchange rates in cross-border transactions and foreign currency investments, it's crucial for businesses and individuals to have access to accurate and up-to-date information. So, does Axis Bank publish currency exchange rates? This question is important for anyone looking to make informed decisions regarding foreign currency transactions or investments.

BitcoinBaroness Tue Jul 16 2024 | 5 answers 973

As a keen observer of the digital financial landscape, I'm curious to know how PayPal calculates its currency exchange rates. Given the volatile nature of cryptocurrencies and traditional currencies alike, it's imperative to understand the methodologies behind such calculations. Do they use market rates or apply a premium? Do exchange rates vary depending on the type of transaction or the user's location? Are there any hidden fees or charges that could affect the final exchange rate? Clarifying these points would help users make informed decisions when using PayPal for cross-border transactions.