Today's Saudi Riyal Rates for Foreign Exchange in baggarpurana

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Saudi Riyal Rates in Baggarpurana

The foreign exchange market in India is currently plagued by many loopholes in policies & regulations, making it very disorganized. 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.

Finding the Saudi Riyal exchange rates today in Baggarpurana used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Saudi Riyal exchange rates today in Baggarpurana. The other option for customers is to lock-in the Saudi Riyal exchange rates today in Baggarpurana by selecting the “Freeze the rate” option on the website. “Today’s SAR rate in Baggarpurana” 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 SAR rate in Baggarpurana” to hedge against any SAR price fluctuation in the global market. So the customers end up being at the losing end when “today’s SAR rate in Baggarpurana” 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 our banking partners’ branches, viz. Axis Bank and ING Vysya Bank, across India.

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