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.
It can be quite a pain for a customer to find out the Malaysian Ringgits exchange rates today in Hissar. BookMyForex is the first portal in India that provides live rates and actual Malaysian Ringgits exchange rates today in Hissar to exchange currency. BookMyForex also allows you to lock-in the live Malaysian Ringgits exchange rates today in Hissar to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's MYR rate in Hissar', which is not really the rate at which currency is exchanged. Through the practice of 'today's MYR rate in Hissar' 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 Hissar' 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 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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