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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 Mahasamund. It is only BookMyForex that now provides live and real time Malaysian Ringgits exchange rates today in Mahasamund. BookMyForex also allows you to lock-in the live Malaysian Ringgits exchange rates today in Mahasamund to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's MYR rate in Mahasamund', which is not really the rate at which currency is exchanged. Through the practice of 'today's MYR rate in Mahasamund' 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 customers end up being at the losing end when 'today's MYR rate in Mahasamund' is the basis for currency exchange.
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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