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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. 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 Malaysian Ringgits exchange rates today in Ambikapur. It is only BookMyForex that now provides live and real time Malaysian Ringgits exchange rates today in Ambikapur. You also have the option to lock-in the Malaysian Ringgits exchange rates today in Ambikapur to exchange currency by using the 'Freeze the rate' option on the website. Other currency exchangers and websites use the base rate or interbank rate as 'today's MYR rate in Ambikapur', which isn't actually the rate at which currency is exchanged. Forex dealers keep a significant margin over and above 'today's MYR rate in Ambikapur' to hedge against any MYR price fluctuation in the global market. So the norm of 'today's MYR rate in Ambikapur' is just an easy way for forex dealers to make a few extra bucks.
The Company's entire suite of forex products includes 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 exchange companies that partner with us
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