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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.
Philippine Peso exchange rates today in Miryalguda are not really easy to find on any website. It is only BookMyForex that now provides live and real time Philippine Peso exchange rates today in Miryalguda. The other option for customers is to lock-in the Philippine Peso exchange rates today in Miryalguda by selecting the 'Freeze the rate' option on the website. 'Today's PHP rate in Miryalguda' 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 Miryalguda' to hedge against any PHP price fluctuation in the global market. So the customers end up being at the losing end when 'today's PHP rate in Miryalguda' is the basis for currency exchange.
The Company's entire suite of forex products 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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