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

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Philippine Peso Rates in Bhiwandi

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. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.

It can be quite a pain for a customer to find out the Philippine Peso exchange rates today in Bhiwandi. But not anymore - Live and real time Philippine Peso exchange rates today in Bhiwandi are now available on BookMyForex for currency exchange. The other option for customers is to lock-in the Philippine Peso exchange rates today in Bhiwandi by selecting the 'Freeze the rate' option on the website. 'Today's PHP rate in Bhiwandi' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Forex dealers keep a significant margin over and above 'today's PHP rate in Bhiwandi' to hedge against any PHP price fluctuation in the global market. So the concept of 'today's PHP rate in Bhiwandi' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.

The complete range of forex products offered by the Company includes PHP currency notes, PHP forex cards, PHP traveler's cheques or remittance products such as PHP demand drafts and PHP wire transfers.Orders are delivered by our own branches or by exchange companies that partner with us

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