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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.
Finding the Indonesian Rupiah exchange rates today in PUTTAPARTHI used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Indonesian Rupiah exchange rates today in PUTTAPARTHI to exchange currency. BookMyForex also allows you to lock-in the live Indonesian Rupiah exchange rates today in PUTTAPARTHI to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's IDR rate in PUTTAPARTHI', 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 PUTTAPARTHI' to hedge against any IDR price fluctuation in the global market. So the concept of 'today's IDR rate in PUTTAPARTHI' 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 the branches of our channel partners in India.
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