Actual Euro exchange rates today in Kalyani have never been easy to find until now. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Euro exchange rates today in Kalyani. 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 Euro exchange rates today in Kalyani. Our other forex related products and services include EUR forex cards, EUR 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 EUR rate in Kalyani' which are much higher. Charging 'today's EUR rate in Kalyani' provides a cushioning effect to avoid incurring losses due to EUR price fluctuation in the market because just like stocks EURs 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 EUR rate in Kalyani'. Little do customers know that in the the name of 'today's EUR rate in Kalyani', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to EUR price fluctuation on account of the EUR being traded globally just like any other financial security. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's EUR rate in Kalyani' therefore, is just a means to exploit the customer.
The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India's leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.
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