Today's Malaysian Ringgits Rates for Foreign Exchange and Money Transfer from India

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Malaysian Ringgits Rates in Meerut

Customers will no longer have to struggle to find the actual Malaysian Ringgits exchange rates today in Meerut. This is because most of the rates you see online are just interbank or base rates, which aren't actual currency exchange rates. But now live and real time Malaysian Ringgits exchange rates today in Meerut are available 24*7 on BookMyForex's website for all to see. Customers can buy/ sell their currency at live rates or at a rate they can 'lock-in' using the 'Freeze the rate' option on the website to avail the best Malaysian Ringgits exchange rates today in Meerut. Our other forex related products and services include 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.

While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's MYR rate in Meerut' which are much higher. Charging 'today's MYR rate in Meerut' 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. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's MYR rate in Meerut', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's MYR rate in Meerut' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the MYR is traded across the world electronically just like stocks, its prices also fluctuate. In the name of 'today's MYR rate in Meerut', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to MYR price fluctuation.

The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.

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