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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.
Omani Rial exchange rates today in Rishra are not really easy to find on any website. It is only BookMyForex that now provides live and real time Omani Rial exchange rates today in Rishra. The other option for customers is to lock-in the Omani Rial exchange rates today in Rishra by selecting the 'Freeze the rate' option on the website. 'Today's OMR rate in Rishra' 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 OMR rate in Rishra' 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 Omani Rials are traded electronically worldwide. So the customers end up being at the losing end when 'today's OMR rate in Rishra' is the basis for currency exchange.
The Company's entire suite of forex products includes OMR currency notes, OMR forex cards, OMR traveler's cheques or remittance products such as OMR demand drafts and OMR wire transfers.Orders are delivered by our own branches or by the branches of our channel partners in India.
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