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

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Malaysian Ringgits Rates in Pehowa

The foreign exchange market in India is currently plagued by many loopholes in policies & regulations, making it very disorganized. Mr. Sudarshan Motwani, who has headed the foreign exchange function at some of the leading Indian Banks, established BookMyForex in 2012 to address these issues and streamline the forex business in the country.

Malaysian Ringgits exchange rates today in Pehowa are not really easy to find on any website. But not anymore - Live and real time Malaysian Ringgits exchange rates today in Pehowa are now available on BookMyForex for currency exchange. The other option for customers is to lock-in the Malaysian Ringgits exchange rates today in Pehowa by selecting the 'Freeze the rate' option on the website. 'Today's MYR rate in Pehowa' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. The actual rate for exchanging currency is far higher than the so-called 'today's MYR rate in Pehowa' 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 customers end up being at the losing end when 'today's MYR rate in Pehowa' is the basis for currency exchange.

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 exchange companies that partner with us

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