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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. BookMyForex was established by Mr. Sudarshan Motwani in 2012 to address exactly these challenges. He has successfully established and run the Foreign Exchange division at some of the most renowned banks in India in the past.
Malaysian Ringgits exchange rates today in Visakhapatnam are not really easy to find on any website. BookMyForex is the first portal in India that provides live rates and actual Malaysian Ringgits exchange rates today in Visakhapatnam to exchange currency. BookMyForex also allows you to lock-in the live Malaysian Ringgits exchange rates today in Visakhapatnam to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's MYR rate in Visakhapatnam', which is not really the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called 'today's MYR rate in Visakhapatnam' 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 concept of 'today's MYR rate in Visakhapatnam' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
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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