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Customers will no longer have to struggle to find the actual Indonesian Rupiah exchange rates today in Dhanbad. 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 Dhanbad are available 24*7 on BookMyForex's website for all to see. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Indonesian Rupiah exchange rates today in Dhanbad and exchange their currency at that rate within three days. We also offer other forex related products that include IDR currency notes, IDR forex cards, IDR traveler's cheques, as well as money transfer and remittance services through IDR wire transfers and IDR demand drafts. Orders are delivered at our own branches or at the branches of our channel partners.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's IDR rate in Dhanbad' which are much higher. Charging 'today's IDR rate in Dhanbad' 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. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's IDR rate in Dhanbad', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's IDR rate in Dhanbad' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the IDR is traded across the world electronically just like stocks, its prices also fluctuate. In the name of 'today's IDR rate in Dhanbad', 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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