The Mid-Market Rate Explained: Why Indian Businesses Rarely Get the Rate They See (2026)

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A business in Chennai checks the dollar rupee rate on a Tuesday morning and sees 87.10. A client wires ten thousand dollars that afternoon. The credit lands two days later at 85.60, and nowhere on the statement is there a line item explaining the difference. Nothing improper happened. The rate on the screen and the …The post The Mid-Market Rate Explained: Why Indian Businesses Rarely Get the Rate They See (2026) appeared first on Chandigarh Metro.