1 EUR+MACH = N/A INR Interbank/ mid-market Rate at: 2022-05-18 21:10:53
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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
Euro exchange rates today in Machilipatnam are not really easy to find on any website. It is only BookMyForex that now provides live and real time Euro exchange rates today in Machilipatnam. The other option for customers is to lock-in the Euro exchange rates today in Machilipatnam by selecting the 'Freeze the rate' option on the website. 'Today's EUR rate in Machilipatnam' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. The actual rate for exchanging currency is far higher than the so-called 'today's EUR rate in Machilipatnam' because the forex dealers have to keep high margins to avoid any losses on account of EUR price fluctuation in the global market. So the concept of 'today's EUR rate in Machilipatnam' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company's offerings of forex and related services are already available across the country and include currency exchange, EUR currency notes, EUR forex cards, EUR traveler's cheques or remittance products such as EUR demand drafts and EUR wire transfers.Orders are delivered by our own branches or by exchange companies that partner with us
So click below to use our interactive order entry cart and get started :