1 MYR+KRIS = 17.6803 INR Interbank/ mid-market Rate at: 2022-05-25 03:45:30
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It is next to impossible for customers to find the actual Malaysian Ringgits exchange rates today in Krishnanagar especially on the Internet. 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 Krishnanagar. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Malaysian Ringgits exchange rates today in Krishnanagar by using the 'Freeze the rate' option on our website. We provide the entire gamut of forex related products & services that include MYR currency notes, MYR forex cards, MYR traveler's cheques, money transfer and remittance services. Customers can visit one of our channel partner locations to collect their orders.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's MYR rate in Krishnanagar'. Little do customers know that in the the name of 'today's MYR rate in Krishnanagar', 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. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's MYR rate in Krishnanagar' which are much higher. Charging 'today's MYR rate in Krishnanagar' 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. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's MYR rate in Krishnanagar' therefore, is just a means to exploit the customer.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India's leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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