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The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. 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.
Indonesian Rupiah exchange rates today in Bangalore are not really easy to find on any website. BookMyForex is the first portal in India that provides live rates and actual Indonesian Rupiah exchange rates today in Bangalore to exchange currency. BookMyForex also allows you to lock-in the live Indonesian Rupiah exchange rates today in Bangalore to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's IDR rate in Bangalore', which is not really the rate at which currency is exchanged. Forex dealers keep a significant margin over and above 'today's IDR rate in Bangalore' to hedge against any IDR price fluctuation in the global market. So the concept of 'today's IDR rate in Bangalore' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The complete range of forex products offered by the Company includes IDR currency notes, IDR forex cards, IDR traveler's cheques or remittance products such as IDR demand drafts and IDR wire transfers.Orders are delivered by our own branches or by exchange companies that partner with us
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