1 USD+AMR = 83.39 INR Interbank/ mid-market Rate at: 06-12-2023 03:45:49
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 US Dollar exchange rates today in Amritsar. It is only BookMyForex that now provides live and real time US Dollar exchange rates today in Amritsar. The other option for customers is to lock-in the US Dollar exchange rates today in Amritsar by selecting the “Freeze the rate” option on the website. “Today’s USD rate in Amritsar” 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 USD rate in Amritsar” to hedge against any USD price fluctuation in the global market. So the concept of “today’s USD rate in Amritsar” is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The complete range of forex products offered by the Company includes USD currency notes, USD forex cards, USD traveler’s cheques or remittance products such as USD demand drafts and USD wire transfers.Orders are delivered at our own branches or at all Axis Bank and ING Vysya Bank branches, which are our PAN India banking partners.
So what are you waiting for? Click below to use our interactive order entry cart …