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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. 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.
Omani Rial exchange rates today in Valsad are not really easy to find on any website. It is only BookMyForex that now provides live and real time Omani Rial exchange rates today in Valsad. You also have the option to lock-in the Omani Rial exchange rates today in Valsad to exchange currency by using the 'Freeze the rate' option on the website. Other currency exchangers and websites use the base rate or interbank rate as 'today's OMR rate in Valsad', which isn't actually the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called 'today's OMR rate in Valsad' because the forex dealers have to keep high margins to avoid any losses on account of OMR price fluctuation in the global market. So the concept of 'today's OMR rate in Valsad' 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, OMR currency notes, OMR forex cards, OMR traveler's cheques or remittance products such as OMR demand drafts and OMR 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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