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The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. 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 tiruvalla. BookMyForex is the first portal in India that provides live rates and actual Malaysian Ringgits exchange rates today in tiruvalla to exchange currency. You also have the option to lock-in the Malaysian Ringgits exchange rates today in tiruvalla to exchange currency by using the 'Freeze the rate' option on the website. Other currency exchangers and websites use the base rate or interbank rate as 'today's MYR rate in tiruvalla', which isn't actually the rate at which currency is exchanged. Forex dealers keep a significant margin over and above 'today's MYR rate in tiruvalla' to hedge against any MYR price fluctuation in the global market. So the customers end up being at the losing end when 'today's MYR rate in tiruvalla' 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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