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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.
It can be quite a pain for a customer to find out the Indonesian Rupiah exchange rates today in Sambalpur. It is only BookMyForex that now provides live and real time Indonesian Rupiah exchange rates today in Sambalpur. The other option for customers is to lock-in the Indonesian Rupiah exchange rates today in Sambalpur by selecting the 'Freeze the rate' option on the website. 'Today's IDR rate in Sambalpur' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Through the practice of 'today's IDR rate in Sambalpur' 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 Sambalpur' is the basis for currency exchange.
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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