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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
Finding the Mauritius Rupee exchange rates today in Raichur used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Mauritius Rupee exchange rates today in Raichur to exchange currency. The other option for customers is to lock-in the Mauritius Rupee exchange rates today in Raichur by selecting the 'Freeze the rate' option on the website. 'Today's MUR rate in Raichur' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Through the practice of 'today's MUR rate in Raichur' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Mauritius Rupees are traded electronically worldwide. So the concept of 'today's MUR rate in Raichur' 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 MUR currency notes, MUR forex cards, MUR traveler's cheques or remittance products such as MUR demand drafts and MUR wire transfers.Orders are delivered by our own branches or by exchange companies that partner with us
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