Actual Czech Koruna exchange rates today in Pondicherry have never been easy to find until now. This is because most of the rates you see online are just interbank or base rates, which aren't actual currency exchange rates. But now live and real time Czech Koruna exchange rates today in Pondicherry are available 24*7 on BookMyForex's website for all to see. Customers can buy/ sell their currency at live rates or at a rate they can 'lock-in' using the 'Freeze the rate' option on the website to avail the best Czech Koruna exchange rates today in Pondicherry. Our other forex related products and services include CZK forex cards, CZK traveler's cheques, money transfer and remittance services. Customers can visit our channel partner locations to collect their orders or they can have the order home-delivered free of cost.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's CZK rate in Pondicherry' which are much higher. Charging 'today's CZK rate in Pondicherry' provides a cushioning effect to avoid incurring losses due to CZK price fluctuation in the market because just like stocks CZKs are also traded electronically across the globe like any other financial security. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's CZK rate in Pondicherry'. Little do customers know that in the the name of 'today's CZK rate in Pondicherry', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to CZK price fluctuation on account of the CZK being traded globally just like any other financial security. In the name of 'today's CZK rate in Pondicherry', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to CZK price fluctuation.
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
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