1 HKD+ARAN = N/A INR Interbank/ mid-market Rate at: 2022-05-27 06:37:32
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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. BookMyForex was established by Mr. Sudarshan Motwani in 2012 to address exactly these challenges. He has successfully established and run the Foreign Exchange division at some of the most renowned banks in India in the past.
Finding the Hong Kong Dollar exchange rates today in Arani used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Hong Kong Dollar exchange rates today in Arani to exchange currency. You also have the option to lock-in the Hong Kong Dollar exchange rates today in Arani 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 HKD rate in Arani', which isn't actually the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called 'today's HKD rate in Arani' because the forex dealers have to keep high margins to avoid any losses on account of HKD price fluctuation in the global market. So the concept of 'today's HKD rate in Arani' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company's offerings of forex and related services are already available across the country and include currency exchange, HKD currency notes, HKD forex cards, HKD traveler's cheques or remittance products such as HKD demand drafts and HKD 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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