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

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Indonesian Rupiah Rates in Serampore

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, 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 Serampore 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 Serampore to exchange currency. The other option for customers is to lock-in the Indonesian Rupiah exchange rates today in Serampore by selecting the 'Freeze the rate' option on the website. 'Today's IDR rate in Serampore' 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 Serampore' 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 concept of 'today's IDR rate in Serampore' 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 the branches of our channel partners in India.

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