1 LKR+FAIZ = N/A INR Interbank/ mid-market Rate at: 2022-05-26 22:09:58
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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 Sri Lankan Rupee exchange rates today in Faizabad used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Sri Lankan Rupee exchange rates today in Faizabad to exchange currency. BookMyForex also allows you to lock-in the live Sri Lankan Rupee exchange rates today in Faizabad to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's LKR rate in Faizabad', which is not really the rate at which currency is exchanged. Forex dealers keep a significant margin over and above 'today's LKR rate in Faizabad' to hedge against any LKR price fluctuation in the global market. So the customers end up being at the losing end when 'today's LKR rate in Faizabad' is the basis for currency exchange.
The Company's entire suite of forex products includes LKR currency notes, LKR forex cards, LKR traveler's cheques or remittance products such as LKR demand drafts and LKR wire transfers.Orders are delivered by our own branches or by one of our several hundred channel partner locations, across India.
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