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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. 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.
Russian Ruble exchange rates today in Vasco are not really easy to find on any website. BookMyForex is the first portal in India that provides live rates and actual Russian Ruble exchange rates today in Vasco to exchange currency. The other option for customers is to lock-in the Russian Ruble exchange rates today in Vasco by selecting the 'Freeze the rate' option on the website. 'Today's RUB rate in Vasco' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Forex dealers keep a significant margin over and above 'today's RUB rate in Vasco' to hedge against any RUB price fluctuation in the global market. So the customers end up being at the losing end when 'today's RUB rate in Vasco' is the basis for currency exchange.
The Company's offerings of forex and related services are already available across the country and include currency exchange, RUB currency notes, RUB forex cards, RUB traveler's cheques or remittance products such as RUB demand drafts and RUB wire transfers.Orders are delivered by our own branches or by exchange companies that partner with us
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