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. 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.
Malaysian Ringgits exchange rates today in Asansol are not really easy to find on any website. BookMyForex is the first portal in India that provides live rates and actual Malaysian Ringgits exchange rates today in Asansol to exchange currency. BookMyForex also allows you to lock-in the live Malaysian Ringgits exchange rates today in Asansol to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's MYR rate in Asansol', which is not really the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called 'today's MYR rate in Asansol' because the forex dealers have to keep high margins to avoid any losses on account of MYR price fluctuation in the global market. So the concept of 'today's MYR rate in Asansol' 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 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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