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It is next to impossible for customers to find the actual Philippine Peso exchange rates today in Dindori especially on the Internet. 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 Dindori are available 24*7 on BookMyForex's website for all to see. Customers have the choice to book their order at live rates or at Philippine Peso exchange rates today in Dindori that they can select by using the 'Freeze the rate' option on our website. Our full suite of forex related products includes PHP currency notes, PHP forex cards, PHP traveler's cheques and PHP money transfer and remittance services using PHP DDs and PHP wire transfers. Orders are delivered at our own branches or at the branches of our channel partners.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's PHP rate in Dindori' which are much higher. Charging 'today's PHP rate in Dindori' 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. Being a technology company our offerings go beyond the standard 'today's PHP rate in Dindori'. Other foreign exchange dealers in Dindori are simply exploiting the customers through the concept of a static 'today's PHP rate in Dindori. 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. 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 Dindori' therefore, is just a means to exploit the customer.
The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India's leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.
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