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

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Indonesian Rupiah Rates in Malda

The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. 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 Malda 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 Malda. The other option for customers is to lock-in the Indonesian Rupiah exchange rates today in Malda by selecting the 'Freeze the rate' option on the website. 'Today's IDR rate in Malda' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Forex dealers keep a significant margin over and above 'today's IDR rate in Malda' to hedge against any IDR price fluctuation in the global market. So the concept of 'today's IDR rate in Malda' 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 one of our several hundred channel partner locations, across India.

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