This is absolutely not true. There is only one reason that paypal start to exchange the currency to local one when we make withdraw. Example: my account is in USD, currency exchange of paypal is 1.6. I can exchnage USD on 1.66. On $600 withdrawing I lose 22$ (which is a profit for paypal) 10 withdrawing per month and I am loosing 220$ (which is a profit for paypal). Billions of more profit for paypal. My lost is not stop here. I need money in USD to buy items for reselling, which mean after the money arrived in my local currency I have to buy USD again. Paypal did not notify nobody about the changes. It is criminal action from their site to robbing the people. The only action I can offer is the biggest sellers to file a lawsuit against paypal.
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