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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. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
Finding the Malaysian Ringgits exchange rates today in Itanagar used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Malaysian Ringgits exchange rates today in Itanagar to exchange currency. BookMyForex also allows you to lock-in the live Malaysian Ringgits exchange rates today in Itanagar to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's MYR rate in Itanagar', 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 Itanagar' 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 norm of 'today's MYR rate in Itanagar' is just an easy way for forex dealers to make a few extra bucks.
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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