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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 Satara 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 Satara. You also have the option to lock-in the Korean Won exchange rates today in Satara to exchange currency by using the 'Freeze the rate' option on the website. Other currency exchangers and websites use the base rate or interbank rate as 'today's KRW rate in Satara', which isn't actually the rate at which currency is exchanged. Through the practice of 'today's KRW rate in Satara' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Korean Wons are traded electronically worldwide. So the customers end up being at the losing end when 'today's KRW rate in Satara' is the basis for currency exchange.
The Company's offerings of forex and related services are already available across the country and include currency exchange, 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 one of our several hundred channel partner locations, across India.
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