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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. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
Kuwaiti Dinar exchange rates today in Vastrapur are not really easy to find on any website. It is only BookMyForex that now provides live and real time Kuwaiti Dinar exchange rates today in Vastrapur. The other option for customers is to lock-in the Kuwaiti Dinar exchange rates today in Vastrapur by selecting the 'Freeze the rate' option on the website. 'Today's KWD rate in Vastrapur' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Forex dealers keep a significant margin over and above 'today's KWD rate in Vastrapur' to hedge against any KWD price fluctuation in the global market. So the concept of 'today's KWD rate in Vastrapur' 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 one of our several hundred channel partner locations, across India.
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