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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. Mr. Sudarshan Motwani, who has headed the foreign exchange function at some of the leading Indian Banks, established BookMyForex in 2012 to address these issues and streamline the forex business in the country.
Australian Dollar exchange rates today in Aluva are not really easy to find on any website. But not anymore?Live and real time Australian Dollar exchange rates today in Aluva are now available on BookMyForex for currency exchange. The other option for customers is to lock-in the Australian Dollar exchange rates today in Aluva by selecting the ?Freeze the rate? option on the website. ?Today?s AUD rate in Aluva? as per other websites and currency exchangers is the base rate or interbank rate but currency isn?t really exchanged at this rate. The actual rate for exchanging currency is far higher than the so-called ?today?s AUD rate in Aluva? because the forex dealers have to keep high margins to avoid any losses on account of AUD price fluctuation in the global market. So the customers end up being at the losing end when ?today?s AUD rate in Aluva? is the basis for currency exchange.
The complete range of forex products offered by the Company includes AUD currency notes, AUD forex cards, AUD traveler?s cheques or remittance products such as AUD demand drafts and AUD wire transfers.Orders are delivered at our own branches or at all Axis Bank and ING Vysya Bank branches, which are our PAN India banking partners.
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