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Showing posts from March, 2023

Best ways to send money from Malaysia to India

  Get over your money transfer blues. At Lotus Remit, we help our esteemed customers transfer money overseas from Malaysia to India (MYR to INR) at the best rates. The best for international money transfer will depend on the payment method you choose. There will be certain advantages with each payment method like low transaction fees and quick money transfer. Send Money to India with the Lotus Remittance Living in Malaysia all by yourself can be tough if you are alone. If you feel the need to  send money abroad  regularly, it can be overwhelming to choose the best service provider. At Lotus Remit, we offer the best exchange rates that can be compared to any other transfer and remit service provider. We are a trusted name in the industry with a loyal customer base who rely on us for all their international money transfer needs. The Fast and Simple Way to Send Money to India Our services are designed to help the recipient receive the amount in the shortest time. Simple and easy to use, y

Some major forex tips for first-time travelers traveling abroad

  Visiting a foreign country is an exciting experience for first-time travelers. If you are traveling abroad for the first time, you want to ensure everything is in order, including your finances. Managing your money is critical as you may spend more than you should. It is especially when  foreign currency  exchange (forex) is involved in the process. It is better to be careful about forex to get the best value for your money. We bring you forex tips that will make it easier for you to manage your finances when traveling abroad. Forex tips for first-time travelers Here are some helpful forex tips for planning the finances of your foreign trip better. · Buy forex online It is best to  buy forex online  from reliable money exchange service providers. You can lock the desired rates for the forex card and use it to transact everywhere you go. When the money gets exhausted, you can also reload it to enjoy the uninterrupted services of the forex card. · Opt for reliable service providers It

Foreign currency movement from India to Abroad

  Transferring money to your family members, friends, or even a business has become very easy now. The technology boom that we have seen in recent times has given us a lot of options to transfer money abroad. However, not all options are the same as the costs and time required for the money to reach the recipient can vary widely. Here is a comprehensive guide that will help you transfer money to people living in foreign countries at ease. As we use INR DD in India,  Foreign currency  DD is also available. What is the right medium to send money abroad? What are the best options for money transfer or money exchange near me? You have several options like money exchangers, banks, and online marketplaces to send money to your people living abroad. Money exchangers can be a great option compared to the other two. So let us look at why it can be a preferred option for you to send money abroad. The fund transfer services offered by money exchangers are very fast, secure, and reliable. You do n

EXOTIC CURRENCIES IN FOREIGN EXCHANGE

  It is better to know about exotic currencies before you embark on exchanging currency for your upcoming international travel.   Foreign Exchange  market has divided currencies in three groups across world. Major currencies Minor currencies Exotic currencies   Exotic is most unusual and exciting. Exotic currencies are those which trade less or low volumes. They are illiquid and lack market depth. These currencies are not traded often in market. Important to know that less trading does not mean weak currency or devalued currency. For example, Kuwaiti Dinar (KWD) is the highest valued currency in world but it is called as Exotic currency because of less trading in the market.   currencies are: USD, EUR, GBP, JPY, CHF, AUD, CAD, NZD   Minor currencies are Danish Kroner (DKK) Norwegian Kroner (NOK) Swedish Kroner (SEK)   Most commonly traded Exotic currencies are: Chinese Yuan (CNY) Singapore Dollar (SGD) Hong Kong dollar (HKD) South African Rand (ZAR) Mexican Peso (MXN) South Korean Won

Cheapest European cities to visit from India

  Introduction: European cities are known for their rich history, stunning architecture, and breathtaking landscapes. However, traveling to Europe can often be expensive, with high costs for flights, accommodations, and activities. But, there are still some European cities that can be budget-friendly for travelers from India. Whether you’re looking for a city break or a long-term trip, this article lists the 8 cheapest European cities to visit from India. Budapest, Hungary Budapest is one of the most beautiful cities in Europe and is famous for its thermal baths, stunning architecture, and rich culture. The city is well-connected with a range of affordable flights from India and has a number of budget-friendly accommodation options, including hostels and budget hotels. The cost of living in Budapest is relatively low, with meals, drinks, and activities all affordable. Krakow, Poland Krakow is a city with a rich history, stunning architecture, and a vibrant culture. The city is well-con

The effect of international events on foreign currency exchange in India

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  The foreign currency  exchange rate in India is greatly impacted by various international events, as well as domestic policies and economic conditions. Here are some of the key factors that can affect the exchange rate:   Global economic conditions:  The health of the global economy can have a significant impact on the exchange rate. For example, if the economies of major trading partners such as the US, Europe, and China are performing well, this can lead to an increase in demand for the Indian Rupee, and therefore, an appreciation in its value.   Political stability:  Political stability is also an important factor that can influence the Foreign exchange  rate. If a country is facing political uncertainty, this can lead to a decline in investor confidence and a depreciation of its currency.   Natural disasters and other geopolitical events: Natural disasters, such as earthquakes, hurricanes, and droughts, as well as geopolitical events such as wars, conflicts, and terrorism, can al

Planning a Vacation? Here is a Guide to Plan Your Trip.

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  You look forward to a holiday with joy, but sometimes the preparations can be too much. Financial risk is a factor when traveling. When the unexpected happens like unforeseen cancellation, stoppage, accident, or emergency, some money changers can help you navigate it and reduce your worry by providing travel insurance and assistance services to provide tourists the freedom to confidently explore the world.   Visit the guide below for advice on organizing your trip and to Buy foreign currency .                Before visiting somewhere, you must do an extensive study about the place, people, culture, weather, etc., speak to others who have already visited the site, and read travel blogs and guides. Take into account the length of your vacation and the daily spending budget, organize your funds and set aside a particular amount for your housing, meals, sightseeing, shopping, and other expenses. Once you arrive at your destination, you will need local currency to you’re your purchases. T