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Saudi Riyal Rates in Phagwara

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.

Finding the Saudi Riyal exchange rates today in Phagwara 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 Phagwara. You also have the option to lock-in the Saudi Riyal exchange rates today in Phagwara to exchange currency by using the “Freeze the rate” option on the website. Other currency exchangers and websites use the base rate or interbank rate as “today’s SAR rate in Phagwara”, which isn’t actually the rate at which currency is exchanged. Forex dealers keep a significant margin over and above “today’s SAR rate in Phagwara” to hedge against any SAR price fluctuation in the global market. So the concept of “today’s SAR rate in Phagwara” 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 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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