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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.
Indonesian Rupiah exchange rates today in Kolhapur are not really easy to find on any website. It is only BookMyForex that now provides live and real time Indonesian Rupiah exchange rates today in Kolhapur. BookMyForex also allows you to lock-in the live Indonesian Rupiah exchange rates today in Kolhapur to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's IDR rate in Kolhapur', 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 Kolhapur' to hedge against any IDR price fluctuation in the global market. So the concept of 'today's IDR rate in Kolhapur' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company's offerings of forex and related services are already available across the country and include currency exchange, 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 one of our several hundred channel partner locations, across India.
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