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

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Malaysian Ringgits Rates in Tasgaon

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.

It can be quite a pain for a customer to find out the Malaysian Ringgits exchange rates today in Tasgaon. It is only BookMyForex that now provides live and real time Malaysian Ringgits exchange rates today in Tasgaon. The other option for customers is to lock-in the Malaysian Ringgits exchange rates today in Tasgaon by selecting the 'Freeze the rate' option on the website. 'Today's MYR rate in Tasgaon' 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 Tasgaon' 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 Tasgaon' is the basis for currency exchange.

The Company's entire suite of forex products 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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