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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 Kuwaiti Dinar exchange rates today in karad used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Kuwaiti Dinar exchange rates today in karad to exchange currency. You also have the option to lock-in the Kuwaiti Dinar exchange rates today in karad 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 KWD rate in karad', which isn't actually the rate at which currency is exchanged. Forex dealers keep a significant margin over and above 'today's KWD rate in karad' to hedge against any KWD price fluctuation in the global market. So the concept of 'today's KWD rate in karad' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company's offerings of forex and related services are already available across the country and include currency exchange, KWD currency notes, KWD forex cards, KWD traveler's cheques or remittance products such as KWD demand drafts and KWD wire transfers.Orders are delivered by our own branches or by the branches of our channel partners in India.
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