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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.
Finding the Canadian Dollar exchange rates today in Noida used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Canadian Dollar exchange rates today in Noida. BookMyForex also allows you to lock-in the live Canadian Dollar exchange rates today in Noida to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as ?today?s CAD rate in Noida?, which is not really the rate at which currency is exchanged. Through the practice of ?today?s CAD rate in Noida? 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 Canadian Dollars are traded electronically worldwide. So the customers end up being at the losing end when ?today?s CAD rate in Noida? 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, CAD currency notes, CAD forex cards, CAD traveler?s cheques or remittance products such as CAD demand drafts and CAD wire transfers.Orders are delivered at our own branches or at our banking partners? branches, viz. Axis Bank and ING Vysya Bank, across India.
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