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It is next to impossible for customers to find the actual Hong Kong Dollar exchange rates today in Bhubaneswar especially on the Internet. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time Hong Kong Dollar exchange rates today in Bhubaneswar. 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 Hong Kong Dollar exchange rates today in Bhubaneswar. Our other forex related products and services include HKD forex cards, HKD traveler’s cheques, money transfer and remittance services. Product delivery is done at our branches or at all Axis Bank and ING Bank branches, our nation-wide banking distribution partners.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s HKD rate in Bhubaneswar”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s HKD rate in Bhubaneswar” for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the HKD is traded across the world electronically just like stocks, its prices also fluctuate. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s HKD rate in Bhubaneswar”. Little do customers know that in the the name of “today’s HKD rate in Bhubaneswar”, the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to HKD price fluctuation on account of the HKD 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 HKD rate in Bhubaneswar” therefore, is just a means to exploit the customer.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India’s leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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