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The foreign exchange market in India is currently plagued by many loopholes in policies & regulations, making it very disorganized. 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.
South African Rand exchange rates today in ponda are not really easy to find on any website. It is only BookMyForex that now provides live and real time South African Rand exchange rates today in ponda. BookMyForex also allows you to lock-in the live South African Rand exchange rates today in ponda to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's ZAR rate in ponda', which is not really the rate at which currency is exchanged. Through the practice of 'today's ZAR rate in ponda' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the South African Rands are traded electronically worldwide. So the customers end up being at the losing end when 'today's ZAR rate in ponda' is the basis for currency exchange.
The Company's entire suite of forex products includes ZAR currency notes, ZAR forex cards, ZAR traveler's cheques or remittance products such as ZAR demand drafts and ZAR 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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