1 LKR+RAYY = N/A INR Interbank/ mid-market Rate at: 2022-05-28 17:18:14
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It is next to impossible for customers to find the actual Sri Lankan Rupee exchange rates today in Rayya especially on the Internet. 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 Rayya. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Sri Lankan Rupee exchange rates today in Rayya 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. Product delivery is done at our branches or at all channel partner branches.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's LKR rate in Rayya'. Little do customers know that in the the name of 'today's LKR rate in Rayya', 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 Rayya' which are much higher. Charging 'today's LKR rate in Rayya' 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. In the name of 'today's LKR rate in Rayya', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to LKR price fluctuation.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India's leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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