Today's Indonesian Rupiah Rates for Foreign Exchange and Money Transfer from India

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Indonesian Rupiah Rates in Jalpaiguri

Actual Indonesian Rupiah exchange rates today in Jalpaiguri have never been easy to find until now. Most websites on the net don't provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time Indonesian Rupiah exchange rates today in Jalpaiguri. Customers can buy/ sell their currency at live rates or at a rate they can 'lock-in' using the 'Freeze the rate' option on the website to avail the best Indonesian Rupiah exchange rates today in Jalpaiguri. Our other forex related products and services include IDR forex cards, IDR traveler's cheques, money transfer and remittance services. Orders can be collected at our branches or at locations of our partnering RBI authorized exchange companies/ banks, in Jalpaiguri.

Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's IDR rate in Jalpaiguri'. Little do customers know that in the the name of 'today's IDR rate in Jalpaiguri', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to IDR price fluctuation on account of the IDR being traded globally just like any other financial security. Being a technology company our offerings go beyond the standard 'today's IDR rate in Jalpaiguri'. Other foreign exchange dealers in Jalpaiguri are simply exploiting the customers through the concept of a static 'today's IDR rate in Jalpaiguri. 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. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's IDR rate in Jalpaiguri' therefore, is just a means to exploit the customer.

The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.

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