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

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Live MYR RATES
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Buy MYR Currency Notes ₹18.032
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Sell MYR Currency Notes ₹16.309
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Buy MYR Demand Draft

Malaysian Ringgits Rates in Navi Mumbai

Customers will no longer have to struggle to find the actual Malaysian Ringgits exchange rates today in Navi Mumbai. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time Malaysian Ringgits exchange rates today in Navi Mumbai. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Malaysian Ringgits exchange rates today in Navi Mumbai and exchange their currency at that rate within three days. We also offer other forex related products that include MYR currency notes, MYR forex cards, MYR traveler's cheques, as well as money transfer and remittance services through MYR wire transfers and MYR demand drafts. Product delivery is done at our branches or at all partnering locations across India. Orders can also be home-delivered free of cost.

Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's MYR rate in Navi Mumbai'. Little do customers know that in the the name of 'today's MYR rate in Navi Mumbai', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to MYR price fluctuation on account of the MYR being traded globally just like any other financial security. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's MYR rate in Navi Mumbai' which are much higher. Charging 'today's MYR rate in Navi Mumbai' 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. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's MYR rate in Navi Mumbai' therefore, is just a means to exploit the customer.

The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India's leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.

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