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

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Malaysian Ringgits Rates in Panji

Actual Malaysian Ringgits exchange rates today in Panji have never been easy to find until now. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Malaysian Ringgits exchange rates today in Panji. Customers have the choice to book their order at live rates or at Malaysian Ringgits exchange rates today in Panji that they can select by using the 'Freeze the rate' option on our website. Our full suite of forex related products includes MYR currency notes, MYR forex cards, MYR traveler's cheques and MYR money transfer and remittance services using MYR DDs and MYR wire transfers. Customers can visit our channel partner locations to collect their orders or they can have the order home-delivered free of cost.

While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's MYR rate in Panji' which are much higher. Charging 'today's MYR rate in Panji' provides a cushioning effect to avoid incurring losses due to MYR price fluctuation in the market because just like stocks MYRs are also traded electronically across the globe like any other financial security. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's MYR rate in Panji'. Little do customers know that in the the name of 'today's MYR rate in Panji', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to MYR price fluctuation on account of the MYR being traded globally just like any other financial security. In the name of 'today's MYR rate in Panji', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to MYR price fluctuation.

Mr. Sudarshan Motwani established BookMyForex in 2012 with a vision to make the foreign exchange market more organized and transparent in India. Equipped with the expertise of having successfully set up and run the Foreign Exchange division at some of India's leading banks, the challenge of setting up a Company that would revolutionize the entire forex market in India, was not daunting for him. Our services can be accessed online across India.

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