1 USD+SING = N/A INR Interbank/ mid-market Rate at: 2022-05-19 18:18:21
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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.
US Dollar exchange rates today in Singur are not really easy to find on any website. It is only BookMyForex that now provides live and real time US Dollar exchange rates today in Singur. The other option for customers is to lock-in the US Dollar exchange rates today in Singur by selecting the 'Freeze the rate' option on the website. 'Today's USD rate in Singur' 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 Singur' to hedge against any USD price fluctuation in the global market. So the concept of 'today's USD rate in Singur' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
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 exchange companies that partner with us
So click below to use our interactive order entry cart and get started :