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Actual Kuwaiti Dinar exchange rates today in Imphal have never been easy to find until now. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time Kuwaiti Dinar exchange rates today in Imphal. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Kuwaiti Dinar exchange rates today in Imphal by using the 'Freeze the rate' option on our website. We provide the entire gamut of forex related products & services that include KWD currency notes, KWD forex cards, KWD traveler's cheques, money transfer and remittance services. Orders are delivered at our own branches or at the branches of our channel partners.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's KWD rate in Imphal', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's KWD rate in Imphal' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the KWD is traded across the world electronically just like stocks, its prices also fluctuate. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's KWD rate in Imphal' which are much higher. Charging 'today's KWD rate in Imphal' provides a cushioning effect to avoid incurring losses due to KWD price fluctuation in the market because just like stocks KWDs are also traded electronically across the globe like any other financial security. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's KWD rate in Imphal' therefore, is just a means to exploit the customer.
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
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