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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. 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 kalpetta. BookMyForex is the first portal in India that provides live rates and actual Malaysian Ringgits exchange rates today in kalpetta to exchange currency. The other option for customers is to lock-in the Malaysian Ringgits exchange rates today in kalpetta by selecting the 'Freeze the rate' option on the website. 'Today's MYR rate in kalpetta' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Through the practice of 'today's MYR rate in kalpetta' 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 norm of 'today's MYR rate in kalpetta' 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 the branches of our channel partners in India.
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