1 GBP+KALI = N/A INR Interbank/ mid-market Rate at: 25-09-2023 12:12:26
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 Kalimpong 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 Kalimpong. You also have the option to lock-in the British Pound exchange rates today in Kalimpong 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 GBP rate in Kalimpong', which isn't actually the rate at which currency is exchanged. Forex dealers keep a significant margin over and above 'today's GBP rate in Kalimpong' to hedge against any GBP price fluctuation in the global market. So the concept of 'today's GBP rate in Kalimpong' 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 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 one of our several hundred channel partner locations, across India.
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