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The foreign exchange market in India is currently plagued by many loopholes in policies & regulations, making it very disorganized. 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 Gudivada are not really easy to find on any website. It is only BookMyForex that now provides live and real time Malaysian Ringgits exchange rates today in Gudivada. You also have the option to lock-in the Malaysian Ringgits exchange rates today in Gudivada 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 Gudivada', 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 Gudivada' to hedge against any MYR price fluctuation in the global market. So the customers end up being at the losing end when 'today's MYR rate in Gudivada' is the basis for currency exchange.
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 exchange companies that partner with us
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