The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. 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.
Brazilian Real exchange rates today in Kozhikode are not really easy to find on any website. It is only BookMyForex that now provides live and real time Brazilian Real exchange rates today in Kozhikode. You also have the option to lock-in the Brazilian Real exchange rates today in Kozhikode to exchange currency by using the 'Freeze the rate' option on the website. Other currency exchangers and websites use the base rate or interbank rate as 'today's BRL rate in Kozhikode', which isn't actually the rate at which currency is exchanged.
Forex dealers keep a significant margin over and above 'today's BRL rate in Kozhikode' to hedge against any BRL price fluctuation in the global market. So the concept of 'today's BRL rate in Kozhikode' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The complete range of forex products offered by the Company includes BRL currency notes, BRL forex cards, BRL traveler's cheques or remittance products such as BRL demand drafts and BRL wire transfers. Orders are delivered by our own branches or by one of our several hundred channel partner locations, across India.
So what are you waiting for? Click below to use our interactive order entry cart :
