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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. 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.
Malaysian Ringgits exchange rates today in Nagpur are not really easy to find on any website. BookMyForex is the first portal in India that provides live rates and actual Malaysian Ringgits exchange rates today in Nagpur to exchange currency. BookMyForex also allows you to lock-in the live Malaysian Ringgits exchange rates today in Nagpur to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's MYR rate in Nagpur', which is not really the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called 'today's MYR rate in Nagpur' because the forex dealers have to keep high margins to avoid any losses on account of MYR price fluctuation in the global market. So the concept of 'today's MYR rate in Nagpur' 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 the branches of our channel partners in India.
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