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The foreign exchange market in India is currently plagued by many loopholes in policies & regulations, making it very disorganized. 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.
Indonesian Rupiah exchange rates today in Palasia are not really easy to find on any website. But not anymore - Live and real time Indonesian Rupiah exchange rates today in Palasia are now available on BookMyForex for currency exchange. You also have the option to lock-in the Indonesian Rupiah exchange rates today in Palasia 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 Palasia', which isn't actually the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called 'today's IDR rate in Palasia' because the forex dealers have to keep high margins to avoid any losses on account of IDR price fluctuation in the global market. So the concept of 'today's IDR rate in Palasia' 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 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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