1 USD+SALE = 82.94 INR Interbank/ mid-market Rate at: 29-02-2024 06:34:09
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. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
It can be quite a pain for a customer to find out the US Dollar exchange rates today in Salem. It is only BookMyForex that now provides live and real time US Dollar exchange rates today in Salem. The other option for customers is to lock-in the US Dollar exchange rates today in Salem by selecting the 'Freeze the rate' option on the website. 'Today's USD rate in Salem' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Through the practice of 'today's USD rate in Salem' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the US Dollars are traded electronically worldwide. So the customers end up being at the losing end when 'today's USD rate in Salem' is the basis for currency exchange.
The Company's entire suite of forex products 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.
So what are you waiting for? Click below to use our interactive order entry cart :