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Foreign exchange rate query

This query is : Resolved 
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(Querist)
20 October 2011 Dear All,

How should I cross check the USD Foreign Exchange rate quoted by bank after considering their margin is favourable to us or not?

The reason behind this query is that sometimes bank takes margin beyond the reasonable limit which we couldn't trace out at the time of negotiating the rate.
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Jagga Rao Malipeddi

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Jagga Rao Malipeddi (Expert)
22 October 2011 Find out the rates from RBI website for that day.
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