Today's British Pound Rates for Foreign Exchange and Money Transfer from India

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British Pound Rates in Itanagar

The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. 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.

Finding the British Pound exchange rates today in Itanagar used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time British Pound exchange rates today in Itanagar. The other option for customers is to lock-in the British Pound exchange rates today in Itanagar by selecting the 'Freeze the rate' option on the website. 'Today's GBP rate in Itanagar' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. The actual rate for exchanging currency is far higher than the so-called 'today's GBP rate in Itanagar' because the forex dealers have to keep high margins to avoid any losses on account of GBP price fluctuation in the global market. So the customers end up being at the losing end when 'today's GBP rate in Itanagar' is the basis for currency exchange.

The Company's entire suite of forex products includes GBP currency notes, GBP forex cards, GBP traveler's cheques or remittance products such as GBP demand drafts and GBP wire transfers.Orders are delivered by our own branches or by the branches of our channel partners in India.

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