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It is next to impossible for customers to find the actual Omani Rial exchange rates today in Sadaura especially on the Internet. Most websites on the net don't provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time Omani Rial exchange rates today in Sadaura. 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 Omani Rial exchange rates today in Sadaura. Our other forex related products and services include OMR forex cards, OMR traveler's cheques, money transfer and remittance services. Orders are delivered at our own branches or at the branches of our channel partners.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's OMR rate in Sadaura'. Little do customers know that in the the name of 'today's OMR rate in Sadaura', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to OMR price fluctuation on account of the OMR being traded globally just like any other financial security. Being a technology company our offerings go beyond the standard 'today's OMR rate in Sadaura'. Other foreign exchange dealers in Sadaura are simply exploiting the customers through the concept of a static 'today's OMR rate in Sadaura. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the OMR rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. In the name of 'today's OMR rate in Sadaura', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to OMR price fluctuation.
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
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