1 EGP+KOC = 1.6956 INR Interbank/ mid-market Rate at: 08-12-2024 12:47:19
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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 Egyptian Pound exchange rates today in Kochi used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Egyptian Pound exchange rates today in Kochi to exchange currency. BookMyForex also allows you to lock-in the live Egyptian Pound exchange rates today in Kochi to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's EGP rate in Kochi', which is not really the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called 'today's EGP rate in Kochi' because the forex dealers have to keep high margins to avoid any losses on account of EGP price fluctuation in the global market. So the concept of 'today's EGP rate in Kochi' 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 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 one of our several hundred channel partner locations, across India.
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