two posts above regarding holding paypal balance.
No you can not hold balance in your indian paypal account.
It will automatically get deposited in your bank account.
moment it comes their.
regarding USD - INR.
Its bad days ahead.
I transferred my sister's tution fees one month ahead at much lower rate.
only if my father had agreed before ,I would have easily managed to save another 20000-25000.
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real culprit in all this show is eurozone and Great chipanda.
in eurozone ,germany and france ( poor merkozy's) are trying hard to save the doomsday and stupid great old kingdome doing everything to scuttle it.
and latest dollar rise is thanks to merkozy duo buying gold.
you guys observe,gold had sharp fall recently in comdex and usd rised.
if our government does not mend its ways,we will be most troubled.
khaane ke liye maramar hone wali hai,
those who have farms , will be ok but food inflation will be crazy.
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till the time euro zone removes defaulter countries out or break this so called eurozone,markets and over all world economy wont improve,
US stocks and jobs market also aint improving much.
Great USA is printing some 1.4 trillion USD but how long they can keep printing their currency and great chipanda is buying majority of US debts.
see the great world game unfolding guys.
Its not good.
our eastern neighbour aint got good intentions....