Today's Malaysian Ringgits Rates for Foreign Exchange and Money Transfer from India

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Malaysian Ringgits Rates in Ambala

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.

Finding the Malaysian Ringgits exchange rates today in Ambala used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Malaysian Ringgits exchange rates today in Ambala. BookMyForex also allows you to lock-in the live Malaysian Ringgits exchange rates today in Ambala to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's MYR rate in Ambala', which is not really the rate at which currency is exchanged. Through the practice of 'today's MYR rate in Ambala' 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 Malaysian Ringgitss are traded electronically worldwide. So the concept of 'today's MYR rate in Ambala' 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 offerings of forex and related services are already available across the country and include currency exchange, MYR currency notes, MYR forex cards, MYR traveler's cheques or remittance products such as MYR demand drafts and MYR 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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