1 USD+MUND = N/A INR Interbank/ mid-market Rate at: 2022-05-27 07:48:13
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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.
It can be quite a pain for a customer to find out the US Dollar exchange rates today in Mundra. BookMyForex is the first portal in India that provides live rates and actual US Dollar exchange rates today in Mundra to exchange currency. BookMyForex also allows you to lock-in the live US Dollar exchange rates today in Mundra to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's USD rate in Mundra', which is not really the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called 'today's USD rate in Mundra' because the forex dealers have to keep high margins to avoid any losses on account of USD price fluctuation in the global market. So the norm of 'today's USD rate in Mundra' is just an easy way for forex dealers to make a few extra bucks.
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 by our own branches or by the branches of our channel partners in India.
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