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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 was established by Mr. Sudarshan Motwani in 2012 to address exactly these challenges. He has successfully established and run the Foreign Exchange division at some of the most renowned banks in India in the past.
It can be quite a pain for a customer to find out the Indonesian Rupiah exchange rates today in Chiplun. It is only BookMyForex that now provides live and real time Indonesian Rupiah exchange rates today in Chiplun. You also have the option to lock-in the Indonesian Rupiah exchange rates today in Chiplun to exchange currency by using the 'Freeze the rate' option on the website. Other currency exchangers and websites use the base rate or interbank rate as 'today's IDR rate in Chiplun', which isn't actually the rate at which currency is exchanged. Through the practice of 'today's IDR rate in Chiplun' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Indonesian Rupiahs are traded electronically worldwide. So the norm of 'today's IDR rate in Chiplun' is just an easy way for forex dealers to make a few extra bucks.
The Company's entire suite of forex products 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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