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Saudi Riyal Rates in Aluva

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.

It can be quite a pain for a customer to find out the Saudi Riyal exchange rates today in Aluva. It is only BookMyForex that now provides live and real time Saudi Riyal exchange rates today in Aluva. The other option for customers is to lock-in the Saudi Riyal exchange rates today in Aluva by selecting the “Freeze the rate” option on the website. “Today’s SAR rate in Aluva” as per other websites and currency exchangers is the base rate or interbank rate but currency isn’t really exchanged at this rate. The actual rate for exchanging currency is far higher than the so-called “today’s SAR rate in Aluva” because the forex dealers have to keep high margins to avoid any losses on account of SAR price fluctuation in the global market. So the customers end up being at the losing end when “today’s SAR rate in Aluva” is the basis for currency exchange.

The Company’s entire suite of forex products includes SAR currency notes, SAR forex cards, SAR traveler’s cheques or remittance products such as SAR demand drafts and SAR wire transfers.Orders are delivered at our own branches or at the branches of ING Vysya bank and Axis bank, our banking partners in India.

So click below to use our interactive order entry cart and get started …

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