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How does Mulya fix a conversion rate for a transaction? What exchange rate do you use? When is the exchange rate fixed?

To convert your deposits into INR, you need to place a withdrawal request from your Mulya dashboard or via WhatsApp.

When placing the withdrawal, you'll see the conversion rate along with the guaranteed INR amount you'll receive. We prioritize transparency at Mulya.

The conversion rate used is the mid-market rate available at that time, which is almost identical to the Google/xe.com rateβ€”the standard in the market.

Note: Mulya does not charge any forex markup on the conversion rate.

Key Details:

  • Rates Update Every 3 Hours: A new FX rate is available every 3 hours, but only on FX market working days.
  • Weekend Rates:
    • The FX rate available from 9:30 PM on Friday remains until 9:30 PM on Saturday.
    • The FX rate available from 9:30 PM on Saturday remains until 9:30 PM on Sunday.
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