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Actual Mauritius Rupee exchange rates today in Khammam have never been easy to find until now. This is because most of the rates you see online are just interbank or base rates, which aren't actual currency exchange rates. But now live and real time Mauritius Rupee exchange rates today in Khammam are available 24*7 on BookMyForex's website for all to see. Customers have the choice to book their order at live rates or at Mauritius Rupee exchange rates today in Khammam that they can select by using the 'Freeze the rate' option on our website. Our full suite of forex related products includes MUR currency notes, MUR forex cards, MUR traveler's cheques and MUR money transfer and remittance services using MUR DDs and MUR wire transfers. Orders can be collected at our branches or at locations of our partnering RBI authorized exchange companies/ banks, in Khammam.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's MUR rate in Khammam' which are much higher. Charging 'today's MUR rate in Khammam' provides a cushioning effect to avoid incurring losses due to MUR price fluctuation in the market because just like stocks MURs are also traded electronically across the globe like any other financial security. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's MUR rate in Khammam'. Little do customers know that in the the name of 'today's MUR rate in Khammam', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to MUR price fluctuation on account of the MUR being traded globally just like any other financial security. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's MUR rate in Khammam' therefore, is just a means to exploit the customer.
The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India's leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.
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