Hi I use indian pp, i found that when i do transaction in USD, the conversion rate is little higer, If the 1USD=Rs66, but, PP deduction is close to Rs 69, Do i have to set the default currency as USD to reduce the conversion rate? I am yet to contact them regarding this, before to that, if you can share any useful info, i would appreciate that.
You can not change default currency. Your banking CC will change your currency in to Dollars and ask the conversion charges to you. so PayPal will be little costly to you.