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Customers will no longer have to struggle to find the actual Malaysian Ringgits exchange rates today in punjab. 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 punjab. 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 punjab. Our other forex related products and services include MYR forex cards, MYR traveler's cheques, money transfer and remittance services. Orders can be collected at our branches or at our partnering bank/ currency exchange locations, in punjab. Orders can also be delivered at home free of cost.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's MYR rate in punjab' which are much higher. Charging 'today's MYR rate in punjab' 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. Being a technology company our offerings go beyond the standard 'today's MYR rate in punjab'. Other foreign exchange dealers in punjab are simply exploiting the customers through the concept of a static 'today's MYR rate in punjab. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the MYR rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. 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 punjab' therefore, is just a means to exploit the customer.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India's leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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