Ways to Convert USD to INR - PowerPoint PPT Presentation

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Ways to Convert USD to INR

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There are multiple ways to convert USD to INR in India. The traditional approach involved going to banks.The Other is to exchange by the online exchanger like BookMyForex.com providing the best rate for converting currency. – PowerPoint PPT presentation

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Title: Ways to Convert USD to INR


1
Now Convert USD to INR at Best and Live Rates
Online
Worried about getting your US Dollar converted to
INR at best rates. Since you have returned from
US, you must be aware about the importance of US
Dollars. US Dollar is not only the strongest but
the most traded currency in the world. Due to
this reason, it is very difficult to get best
USD to INR exchange rates or vice versa. Also,
according to the BMI research, the rupee will
weaken further towards the end of the year and
there fair chances that it will touch Rs 66 per
US . The main factors responsible for the
decline of Rupee in future is the real interest
rates in US and oil prices specifically. The
reports even predict that it will depreciate 1
per year in spot terms over the long terms as
higher inflation rates necessitate a gradually
weaker currency in order to maintain external
competitiveness.
convenient now. BookMyForex is worlds first and
largest online marketplace for currency exchange
and international remittances. It compares
exchange rate quotes across hundreds of
2
Although exchanging US dollars is not a
competitive process in India. Earlier it was but
with the advent of e-commerce platforms like
BookMyForex, the process has become very
easy banks and money changers in your area and
show you the best forex rates in real time.
However there are many travellers who prefer to
get their currency exchanged at the airport. So
basically it is for them, if they wish to save
themselves from paying extra then they should
better get their currency exchanged at
BookMyForex. This is because airports charges an
additional 6-10 of the converted sum. So for eg-
if you want to convert Rs 1,00,000 to Dollars,
then you will have to shell out an extra amount
of Rs 6000-Rs 10000. Hence, it becomes important
to go to the right place at the right time to
get the right deal. Thus, with BookMyForex you
can sell the US Dollars at the best and live
rates. Their rates are updated on regular basis.
Also, they are provided on second- second basis
by one of the leading financial companies in
India. So, what are you waiting for, book your
order online and get the best Dollar conversion
rates.
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