1 SAR+KUMB = 22.53 INR Interbank/ mid-market Rate at: 21-11-2024 14:56:13
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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. 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.
Finding the Saudi Riyal exchange rates today in Kumbakonam used to be a challenge until BookMyForex came into the picture. But not anymore - Live and real time Saudi Riyal exchange rates today in Kumbakonam are now available on BookMyForex for currency exchange. You also have the option to lock-in the Saudi Riyal exchange rates today in Kumbakonam to exchange currency by using the 'Freeze the rate' option on the website. Other currency exchangers and websites use the base rate or interbank rate as 'today's SAR rate in Kumbakonam', which isn't actually the rate at which currency is exchanged. Forex dealers keep a significant margin over and above 'today's SAR rate in Kumbakonam' to hedge against any SAR price fluctuation in the global market. So the concept of 'today's SAR rate in Kumbakonam' 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 SAR currency notes, SAR forex cards, SAR traveler's cheques or remittance products such as SAR demand drafts and SAR wire transfers.Orders are delivered by our own branches or by one of our several hundred channel partner locations, across India.
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