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Customers looking for forex rates have to constantly struggle to find the actual Indonesian Rupiah rates today in Arani. This is because most of the rates you see online are just interbank or base rates, which aren't actual currency exchange rates. But now live and real time Indonesian Rupiah exchange rates today in Arani are available 24*7 on BookMyForex's website for all to see. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Indonesian Rupiah exchange rates today in Arani by using the 'Freeze the rate' option on our website. We provide the entire gamut of forex related products & services that include IDR currency notes, IDR forex cards, IDR traveler's cheques, money transfer and remittance services. Customers can visit one of our channel partner locations to collect their orders.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's IDR rate in Arani' which are much higher. Charging 'today's IDR rate in Arani' provides a cushioning effect to avoid incurring losses due to IDR price fluctuation in the market because just like stocks IDRs are also traded electronically across the globe like any other financial security. Being a technology company our offerings go beyond the standard 'today's IDR rate in Arani'. Other foreign exchange dealers in Arani are simply exploiting the customers through the concept of a static 'today's IDR rate in Arani. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the IDR rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. In the name of 'today's IDR rate in Arani', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to IDR price fluctuation.
The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India's leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.
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