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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. Mr. Sudarshan Motwani, who has headed the foreign exchange function at some of the leading Indian Banks, established BookMyForex in 2012 to address these issues and streamline the forex business in the country.
It can be quite a pain for a customer to find out the Indonesian Rupiah exchange rates today in Udupi. But not anymore - Live and real time Indonesian Rupiah exchange rates today in Udupi are now available on BookMyForex for currency exchange. The other option for customers is to lock-in the Indonesian Rupiah exchange rates today in Udupi by selecting the 'Freeze the rate' option on the website. 'Today's IDR rate in Udupi' 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 Udupi' 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 Udupi' 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 one of our several hundred channel partner locations, across India.
So what are you waiting for? Click below to use our interactive order entry cart :
We've dropped all fees associated with Money Transfers Abroad!