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.
It can be quite a pain for a customer to find out the Brazilian Real exchange rates today in Pondicherry. It is only BookMyForex that now provides live and real time Brazilian Real exchange rates today in Pondicherry. You also have the option to lock-in the Brazilian Real exchange rates today in Pondicherry 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 Pondicherry', which isn't actually the rate at which currency is exchanged.
Through the practice of 'today's BRL rate in Pondicherry' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Brazilian Reals are traded electronically worldwide. So the customers end up being at the losing end when 'today's BRL rate in Pondicherry' is the basis for currency exchange.
The Company's offerings of forex and related services are already available across the country and include currency exchange, 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 exchange companies that partner with us
Why wait? Click now to use our interactive order entry cart below:
