1 RUB+HUBL = 0.9042 INR Interbank/ mid-market Rate at: 2022-05-18 18:42:33
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Customers looking for forex rates have to constantly struggle to find the actual Russian Ruble rates today in Hubli. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Russian Ruble exchange rates today in Hubli. Customers have the choice to book their order at live rates or at Russian Ruble exchange rates today in Hubli that they can select by using the 'Freeze the rate' option on our website. Our full suite of forex related products includes RUB currency notes, RUB forex cards, RUB traveler's cheques and RUB money transfer and remittance services using RUB DDs and RUB wire transfers. Orders can be collected at our branches or at locations of our partnering RBI authorized exchange companies/ banks, in Hubli.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's RUB rate in Hubli' which are much higher. Charging 'today's RUB rate in Hubli' 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. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's RUB rate in Hubli'. Little do customers know that in the the name of 'today's RUB rate in Hubli', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to RUB price fluctuation on account of the RUB being traded globally just like any other financial security. In the name of 'today's RUB rate in Hubli', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to RUB price fluctuation.
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
To get started use our interactive order entry cart below.