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

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Indonesian Rupiah Rates in Palai

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, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.

Finding the Indonesian Rupiah exchange rates today in Palai used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Indonesian Rupiah exchange rates today in Palai. You also have the option to lock-in the Indonesian Rupiah exchange rates today in Palai 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 Palai', which isn't actually the rate at which currency is exchanged. Through the practice of 'today's IDR rate in Palai' 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 customers end up being at the losing end when 'today's IDR rate in Palai' is the basis for currency exchange.

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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