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.
Egyptian Pound exchange rates today in Faridabad are not really easy to find on any website. It is only BookMyForex that now provides live and real time Egyptian Pound exchange rates today in Faridabad. You also have the option to lock-in the Egyptian Pound exchange rates today in Faridabad 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 EGP rate in Faridabad', which isn't actually the rate at which currency is exchanged. Forex dealers keep a significant margin over and above 'today's EGP rate in Faridabad' to hedge against any EGP price fluctuation in the global market. So the customers end up being at the losing end when 'today's EGP rate in Faridabad' is the basis for currency exchange.
The Company's entire suite of forex products includes EGP currency notes, EGP forex cards, EGP traveler's cheques or remittance products such as EGP demand drafts and EGP wire transfers.Orders are delivered by our own branches or by the branches of our channel partners in India.
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