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Hong Kong Dollar Rates in Karaikudi

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, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.

Hong Kong Dollar exchange rates today in Karaikudi are not really easy to find on any website. It is only BookMyForex that now provides live and real time Hong Kong Dollar exchange rates today in Karaikudi. The other option for customers is to lock-in the Hong Kong Dollar exchange rates today in Karaikudi by selecting the “Freeze the rate” option on the website. “Today’s HKD rate in Karaikudi” as per other websites and currency exchangers is the base rate or interbank rate but currency isn’t really exchanged at this rate. Forex dealers keep a significant margin over and above “today’s HKD rate in Karaikudi” to hedge against any HKD price fluctuation in the global market. So the customers end up being at the losing end when “today’s HKD rate in Karaikudi” 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 at our own branches or at our banking partners’ branches, viz. Axis Bank and ING Vysya Bank, across India.

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