1 MYR+NGP = 17.6322 INR Interbank/ mid-market Rate at: 2022-05-23 08:29:38
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The foreign exchange market in India is currently plagued by many loopholes in policies & regulations, making it very disorganized. BookMyForex was established by Mr. Sudarshan Motwani in 2012 to address exactly these challenges. He has successfully established and run the Foreign Exchange division at some of the most renowned banks in India in the past.
Finding the Malaysian Ringgits exchange rates today in Nagapattinam used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Malaysian Ringgits exchange rates today in Nagapattinam to exchange currency. You also have the option to lock-in the Malaysian Ringgits exchange rates today in Nagapattinam 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 Nagapattinam', which isn't actually the rate at which currency is exchanged. Through the practice of 'today's MYR rate in Nagapattinam' 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 Nagapattinam' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
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 one of our several hundred channel partner locations, across India.
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