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

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Philippine Peso Rates in Rupnagar

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. Mr. Sudarshan Motwani, who has headed the foreign exchange function at some of the leading Indian Banks, established BookMyForex in 2012 to address these issues and streamline the forex business in the country.

Finding the Philippine Peso exchange rates today in Rupnagar used to be a challenge until BookMyForex came into the picture. But not anymore - Live and real time Philippine Peso exchange rates today in Rupnagar are now available on BookMyForex for currency exchange. The other option for customers is to lock-in the Philippine Peso exchange rates today in Rupnagar by selecting the 'Freeze the rate' option on the website. 'Today's PHP rate in Rupnagar' 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 Rupnagar' 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 Rupnagar' is the basis for currency exchange.

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 one of our several hundred channel partner locations, across India.

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