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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.
New Zealand Dollar exchange rates today in Indore are not really easy to find on any website. It is only BookMyForex that now provides live and real time New Zealand Dollar exchange rates today in Indore. BookMyForex also allows you to lock-in the live New Zealand Dollar exchange rates today in Indore to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as ?today?s NZD rate in Indore?, which is not really the rate at which currency is exchanged. Forex dealers keep a significant margin over and above ?today?s NZD rate in Indore? to hedge against any NZD price fluctuation in the global market. So the norm of ?today?s NZD rate in Indore? is just an easy way for forex dealers to make a few extra bucks.
The Company?s offerings of forex and related services are already available across the country and include currency exchange, NZD currency notes, NZD forex cards, NZD traveler?s cheques or remittance products such as NZD demand drafts and NZD wire transfers.Orders are delivered at our own branches or at all Axis Bank and ING Vysya Bank branches, which are our PAN India banking partners.
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