1 BDT+FARR = N/A INR Interbank/ mid-market Rate at: 2022-05-22 00:11:25
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It is next to impossible for customers to find the actual Bangladesh Taka exchange rates today in Farrukhabad especially on the Internet. 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 Bangladesh Taka exchange rates today in Farrukhabad. 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 Bangladesh Taka exchange rates today in Farrukhabad. Our other forex related products and services include BDT forex cards, BDT 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 BDT rate in Farrukhabad'. Little do customers know that in the the name of 'today's BDT rate in Farrukhabad', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to BDT price fluctuation on account of the BDT 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 BDT rate in Farrukhabad' which are much higher. Charging 'today's BDT rate in Farrukhabad' provides a cushioning effect to avoid incurring losses due to BDT price fluctuation in the market because just like stocks BDTs are also traded electronically across the globe like any other financial security. Using it's strong IT infrastructure to its advantage, BookMyForex offers far better options to customers
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
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