1 RUB+FAIZ = N/A INR Interbank/ mid-market Rate at: 2022-06-25 06:46:57
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Customers looking for forex rates have to constantly struggle to find the actual Russian Ruble rates today in Faizabad. 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 Russian Ruble exchange rates today in Faizabad are available 24*7 on BookMyForex's website for all to see. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Russian Ruble exchange rates today in Faizabad and exchange their currency at that rate within three days. We also offer other forex related products that include RUB currency notes, RUB forex cards, RUB traveler's cheques, as well as money transfer and remittance services through RUB wire transfers and RUB demand drafts. Orders are delivered at our own branches or at the branches of our channel partners.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's RUB rate in Faizabad' which are much higher. Charging 'today's RUB rate in Faizabad' provides a cushioning effect to avoid incurring losses due to RUB price fluctuation in the market because just like stocks RUBs are also traded electronically across the globe like any other financial security. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's RUB rate in Faizabad', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's RUB rate in Faizabad' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the RUB is traded across the world electronically just like stocks, its prices also fluctuate. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's RUB rate in Faizabad' therefore, is just a means to exploit the customer.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India's leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
You can get started by using our interactive order entry cart below.