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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.
Finding the Korean Won exchange rates today in Firozabad used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Korean Won exchange rates today in Firozabad. The other option for customers is to lock-in the Korean Won exchange rates today in Firozabad by selecting the 'Freeze the rate' option on the website. 'Today's KRW rate in Firozabad' 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 KRW rate in Firozabad' because the forex dealers have to keep high margins to avoid any losses on account of KRW price fluctuation in the global market. So the customers end up being at the losing end when 'today's KRW rate in Firozabad' is the basis for currency exchange.
The Company's entire suite of forex products includes KRW currency notes, KRW forex cards, KRW traveler's cheques or remittance products such as KRW demand drafts and KRW wire transfers.Orders are delivered by our own branches or by exchange companies that partner with us
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