1 BHD+RAMG = N/A INR Interbank/ mid-market Rate at: 2022-05-19 01:15:43
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Customers will no longer have to struggle to find the actual Bahraini Dinar exchange rates today in Ramgarh. Most websites on the net don't provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time Bahraini Dinar exchange rates today in Ramgarh. Customers can buy/ sell their currency at live rates or at a rate they can 'lock-in' using the 'Freeze the rate' option on the website to avail the best Bahraini Dinar exchange rates today in Ramgarh. Our other forex related products and services include BHD forex cards, BHD traveler's cheques, money transfer and remittance services. Product delivery is done at our branches or at all channel partner branches.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's BHD rate in Ramgarh'. Little do customers know that in the the name of 'today's BHD rate in Ramgarh', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to BHD price fluctuation on account of the BHD being traded globally just like any other financial security. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's BHD rate in Ramgarh' which are much higher. Charging 'today's BHD rate in Ramgarh' provides a cushioning effect to avoid incurring losses due to BHD price fluctuation in the market because just like stocks BHDs are also traded electronically across the globe like any other financial security. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's BHD rate in Ramgarh' therefore, is just a means to exploit the customer.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India's leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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