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It is next to impossible for customers to find the actual Norwegian Krone exchange rates today in Phagwara especially on the Internet. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Norwegian Krone exchange rates today in Phagwara. Customers can buy/ sell their currency at live rates or at a rate they can 'lock-in' using the 'Freeze the rate' option on the website to avail the best Norwegian Krone exchange rates today in Phagwara. Our other forex related products and services include NOK forex cards, NOK traveler's cheques, money transfer and remittance services. Customers can visit our channel partner locations to collect their orders or they can have the order home-delivered free of cost.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's NOK rate in Phagwara' which are much higher. Charging 'today's NOK rate in Phagwara' provides a cushioning effect to avoid incurring losses due to NOK price fluctuation in the market because just like stocks NOKs are also traded electronically across the globe like any other financial security. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's NOK rate in Phagwara', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's NOK rate in Phagwara' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the NOK is traded across the world electronically just like stocks, its prices also fluctuate. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's NOK rate in Phagwara' therefore, is just a means to exploit the customer.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India's leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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