1 LKR+BARU = N/A INR Interbank/ mid-market Rate at: 2022-05-21 14:56:16
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Customers looking for forex rates have to constantly struggle to find the actual Sri Lankan Rupee rates today in Baruipur. Most websites on the net don't provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time Sri Lankan Rupee exchange rates today in Baruipur. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Sri Lankan Rupee exchange rates today in Baruipur and exchange their currency at that rate within three days. We also offer other forex related products that include LKR currency notes, LKR forex cards, LKR traveler's cheques, as well as money transfer and remittance services through LKR wire transfers and LKR demand drafts. Product delivery is done at our branches or at all channel partner branches.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's LKR rate in Baruipur', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's LKR rate in Baruipur' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the LKR is traded across the world electronically just like stocks, its prices also fluctuate. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's LKR rate in Baruipur'. Little do customers know that in the the name of 'today's LKR rate in Baruipur', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to LKR price fluctuation on account of the LKR being traded globally just like any other financial security. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's LKR rate in Baruipur' therefore, is just a means to exploit the customer.
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
You can get started by using our interactive order entry cart below.