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Saudi Riyal Rates in Banga

The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. 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 Banga. But not anymore…Live and real time Saudi Riyal exchange rates today in Banga are now available on BookMyForex for currency exchange. The other option for customers is to lock-in the Saudi Riyal exchange rates today in Banga by selecting the “Freeze the rate” option on the website. “Today’s SAR rate in Banga” 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 Banga” 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 concept of “today’s SAR rate in Banga” is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.

The Company’s offerings of forex and related services are already available across the country and include currency exchange, 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 all Axis Bank and ING Vysya Bank branches, which are our PAN India banking partners.

So what are you waiting for? Click below to use our interactive order entry cart …

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