1 LKR+CHN = 0.2214 INR Interbank/ mid-market Rate at: 2022-07-04 20:08:35
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Customers will no longer have to struggle to find the actual Sri Lankan Rupee exchange rates today in Chennai. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Sri Lankan Rupee exchange rates today in Chennai. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Sri Lankan Rupee exchange rates today in Chennai by using the 'Freeze the rate' option on our website. We provide the entire gamut of forex related products & services that include LKR currency notes, LKR forex cards, LKR traveler's cheques, money transfer and remittance services. Orders are delivered at our own branches or at the branches of our channel partners. Customers can even choose to have their order home-delivered.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's LKR rate in Chennai'. Little do customers know that in the the name of 'today's LKR rate in Chennai', 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. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's LKR rate in Chennai' which are much higher. Charging 'today's LKR rate in Chennai' provides a cushioning effect to avoid incurring losses due to LKR price fluctuation in the market because just like stocks LKRs are also traded electronically across the globe 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 Chennai' therefore, is just a means to exploit the customer.
The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India's leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.
So logon now and use our interactive order entry cart below.