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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. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
Finding the Australian Dollar exchange rates today in koyilandi used to be a challenge until BookMyForex came into the picture. But not anymore - Live and real time Australian Dollar exchange rates today in koyilandi are now available on BookMyForex for currency exchange. The other option for customers is to lock-in the Australian Dollar exchange rates today in koyilandi by selecting the 'Freeze the rate' option on the website. 'Today's AUD rate in koyilandi' 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 koyilandi' 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 concept of 'today's AUD rate in koyilandi' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company's entire suite of forex products 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 by our own branches or by exchange companies that partner with us
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