1 LKR+PHULW = 0.2175 INR Interbank/ mid-market Rate at: 2022-05-28 03:14:31
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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.
It can be quite a pain for a customer to find out the Sri Lankan Rupee exchange rates today in phulwari. It is only BookMyForex that now provides live and real time Sri Lankan Rupee exchange rates today in phulwari. The other option for customers is to lock-in the Sri Lankan Rupee exchange rates today in phulwari by selecting the 'Freeze the rate' option on the website. 'Today's LKR rate in phulwari' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Forex dealers keep a significant margin over and above 'today's LKR rate in phulwari' 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 phulwari' is the basis for currency exchange.
The complete range of forex products offered by the Company 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 exchange companies that partner with us
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