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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 Bahraini Dinar exchange rates today in Alamuru used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Bahraini Dinar exchange rates today in Alamuru. The other option for customers is to lock-in the Bahraini Dinar exchange rates today in Alamuru by selecting the 'Freeze the rate' option on the website. 'Today's BHD rate in Alamuru' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Forex dealers keep a significant margin over and above 'today's BHD rate in Alamuru' to hedge against any BHD price fluctuation in the global market. So the norm of 'today's BHD rate in Alamuru' is just an easy way for forex dealers to make a few extra bucks.
The complete range of forex products offered by the Company includes BHD currency notes, BHD forex cards, BHD traveler's cheques or remittance products such as BHD demand drafts and BHD wire transfers.Orders are delivered by our own branches or by exchange companies that partner with us
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