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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.
It can be quite a pain for a customer to find out the Malaysian Ringgits exchange rates today in Kumbakonam. But not anymore - Live and real time Malaysian Ringgits exchange rates today in Kumbakonam are now available on BookMyForex for currency exchange. You also have the option to lock-in the Malaysian Ringgits exchange rates today in Kumbakonam 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 Kumbakonam', which isn't actually the rate at which currency is exchanged. Through the practice of 'today's MYR rate in Kumbakonam' 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 Kumbakonam' 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
So click below to use our interactive order entry cart and get started :
We've dropped all fees associated with Money Transfers Abroad!