1 SGD+VER = 56.2323 INR Interbank/ mid-market Rate at: 2022-05-22 01:25:55
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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.
Finding the Singapore Dollar exchange rates today in Verka used to be a challenge until BookMyForex came into the picture. But not anymore…Live and real time Singapore Dollar exchange rates today in Verka are now available on BookMyForex for currency exchange. BookMyForex also allows you to lock-in the live Singapore Dollar exchange rates today in Verka to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as “today’s SGD rate in Verka”, which is not really the rate at which currency is exchanged. Through the practice of “today’s SGD rate in Verka” the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Singapore Dollars are traded electronically worldwide. So the norm of “today’s SGD rate in Verka” is just an easy way for forex dealers to make a few extra bucks.
The Company’s entire suite of forex products includes SGD currency notes, SGD forex cards, SGD traveler’s cheques or remittance products such as SGD demand drafts and SGD 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 what are you waiting for? Click below to use our interactive order entry cart …