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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.
Finding the Australian Dollar exchange rates today in nilambur used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Australian Dollar exchange rates today in nilambur to exchange currency. BookMyForex also allows you to lock-in the live Australian Dollar exchange rates today in nilambur to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's AUD rate in nilambur', which is not really the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called 'today's AUD rate in nilambur' 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 nilambur' 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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