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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. 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.
Hong Kong Dollar exchange rates today in Padampur 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 Padampur. BookMyForex also allows you to lock-in the live Hong Kong Dollar exchange rates today in Padampur to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as “today’s HKD rate in Padampur”, which is not really the rate at which currency is exchanged. Forex dealers keep a significant margin over and above “today’s HKD rate in Padampur” to hedge against any HKD price fluctuation in the global market. So the norm of “today’s HKD rate in Padampur” is just an easy way for forex dealers to make a few extra bucks.
The complete range of forex products offered by the Company 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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