Today's Philippine Peso Rates for Foreign Exchange and Money Transfer from India

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Philippine Peso Rates in Amreli

Actual Philippine Peso exchange rates today in Amreli have never been easy to find until now. This is because most of the rates you see online are just interbank or base rates, which aren't actual currency exchange rates. But now live and real time Philippine Peso exchange rates today in Amreli are available 24*7 on BookMyForex's website for all to see. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Philippine Peso exchange rates today in Amreli and exchange their currency at that rate within three days. We also offer other forex related products that include PHP currency notes, PHP forex cards, PHP traveler's cheques, as well as money transfer and remittance services through PHP wire transfers and PHP demand drafts. Customers can visit one of our channel partner locations to collect their orders.

BookMyForex being a technology company, its offerings go beyond the standard 'today's PHP rate in Amreli'. Other foreign exchange dealers in Amreli are simply exploiting the customers through the concept of a static 'today's PHP rate in Amreli'. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the PHP rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's PHP rate in Amreli' which are much higher. Charging 'today's PHP rate in Amreli' provides a cushioning effect to avoid incurring losses due to PHP price fluctuation in the market because just like stocks PHPs are also traded electronically across the globe like any other financial security. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's PHP rate in Amreli' therefore, is just a means to exploit the customer.

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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