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September 19, 2013
1 minute, 51 seconds Read

Book your forex order on “Live Rates”

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Tired of money changers that fool you into shelling out more money? Don’t worry BookMyForex is at your rescue. From easy online bookings to constantly updated foreign exchange rates along with the option for freezing your exchange rate”, we do it all for your satisfaction.

For the first time in India, BookMyForex gives you the ability to book your order at “live rates” this is very different from what the traditional money exchange model wherein the foreign exchange the currency rates are fixed for the whole day.

The foreign exchange market is a market with constant rate fluctuations. In times of high volatility, even seconds can make a huge difference. Espcially in today’s volatile markets, fixed daily rates can really hurt customers. This is because almost everyone that offers fixed rates in today’s markets has to keep a large margin to protect themselves from rate fluctuations. BookMyForex due to it’s commitment to transparency can provide the cheapest currency exchange rates in India at all times during the day. Simply book a fixed rate order online on BookMyForex.com or call us and we’ll walk you through our your order/ rate booking.

The foreign exchange rates in India depend upon incoming foreign investments and the amount of export in the country, which is a subject of constant change, so there is just no possibility of the foreign exchange rates to be fixed for an entire day. This practice is employed because it maximizes the profit and convenience of the commonplace money exchanger. As a result, the money changers are not affected at all in case the market goes against them.

At BookMyForex, we allow you to choose, decide and then opt for the best time and rate at which to process your foreign exchange transaction. We do not just claim but actually do offer the best foreign exchange rates in India. Click on the links below to check out our live rates and/ or book a forex order.

 

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