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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.
It can be quite a pain for a customer to find out the Hong Kong Dollar exchange rates today in BLR. But not anymore - Live and real time Hong Kong Dollar exchange rates today in BLR are now available on BookMyForex for currency exchange. The other option for customers is to lock-in the Hong Kong Dollar exchange rates today in BLR by selecting the 'Freeze the rate' option on the website. 'Today's HKD rate in BLR' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. The actual rate for exchanging currency is far higher than the so-called 'today's HKD rate in BLR' 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 customers end up being at the losing end when 'today's HKD rate in BLR' is the basis for currency exchange.
The Company's entire suite of forex products includes 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 the branches of our channel partners in India.
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