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The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. 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.
Kuwaiti Dinar exchange rates today in Nagpur are not really easy to find on any website. BookMyForex is the first portal in India that provides live rates and actual Kuwaiti Dinar exchange rates today in Nagpur to exchange currency. The other option for customers is to lock-in the Kuwaiti Dinar exchange rates today in Nagpur by selecting the 'Freeze the rate' option on the website. 'Today's KWD rate in Nagpur' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Through the practice of 'today's KWD rate in Nagpur' 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 Kuwaiti Dinars are traded electronically worldwide. So the customers end up being at the losing end when 'today's KWD rate in Nagpur' is the basis for currency exchange.
The complete range of forex products offered by the Company includes 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 one of our several hundred channel partner locations, across India.
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