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

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Philippine Peso Rates in jhamshedpur

Customers looking for forex rates have to constantly struggle to find the actual Philippine Peso rates today in jhamshedpur. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Philippine Peso exchange rates today in jhamshedpur. 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 jhamshedpur 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. Orders are delivered at our own branches or at the branches of our channel partners. Customers can even choose to have their order home-delivered.

Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's PHP rate in jhamshedpur'. Little do customers know that in the the name of 'today's PHP rate in jhamshedpur', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to PHP price fluctuation on account of the PHP being traded globally just like any other financial security. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's PHP rate in jhamshedpur' which are much higher. Charging 'today's PHP rate in jhamshedpur' 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 jhamshedpur' 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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