Today's Russian Ruble Rates for Foreign Exchange and Money Transfer from India

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Russian Ruble Rates in Virugambakkam

Customers will no longer have to struggle to find the actual Russian Ruble exchange rates today in Virugambakkam. 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 Virugambakkam. Customers have the choice to book their order at live rates or at Russian Ruble exchange rates today in Virugambakkam 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 Virugambakkam.

While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's RUB rate in Virugambakkam' which are much higher. Charging 'today's RUB rate in Virugambakkam' 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. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's RUB rate in Virugambakkam' which are much higher. Charging 'today's RUB rate in Virugambakkam' 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. 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 Virugambakkam' therefore, is just a means to exploit the customer.

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.

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