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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 Vastrapur used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Indonesian Rupiah exchange rates today in Vastrapur. The other option for customers is to lock-in the Indonesian Rupiah exchange rates today in Vastrapur by selecting the 'Freeze the rate' option on the website. 'Today's IDR rate in Vastrapur' 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 Vastrapur' 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 norm of 'today's IDR rate in Vastrapur' is just an easy way for forex dealers to make a few extra bucks.
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 one of our several hundred channel partner locations, across India.
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