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It is next to impossible for customers to find the actual Philippine Peso exchange rates today in Gokak 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 Philippine Peso exchange rates today in Gokak. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Philippine Peso exchange rates today in Gokak by using the 'Freeze the rate' option on our website. We provide the entire gamut of forex related products & services that include PHP currency notes, PHP forex cards, PHP traveler's cheques, money transfer and remittance services. Orders can be collected at our branches or at locations of our partnering RBI authorized exchange companies/ banks, in Gokak.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's PHP rate in Gokak' which are much higher. Charging 'today's PHP rate in Gokak' 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. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's PHP rate in Gokak', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's PHP rate in Gokak' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the PHP is traded across the world electronically just like stocks, its prices also fluctuate. 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 Gokak' therefore, is just a means to exploit the customer.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India's leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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