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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. 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.
It can be quite a pain for a customer to find out the Swedish Krona exchange rates today in Rajkot. But not anymore?Live and real time Swedish Krona exchange rates today in Rajkot are now available on BookMyForex for currency exchange. The other option for customers is to lock-in the Swedish Krona exchange rates today in Rajkot by selecting the ?Freeze the rate? option on the website. ?Today?s SEK rate in Rajkot? as per other websites and currency exchangers is the base rate or interbank rate but currency isn?t really exchanged at this rate. Through the practice of ?today?s SEK rate in Rajkot? 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 Swedish Kronas are traded electronically worldwide. So the concept of ?today?s SEK rate in Rajkot? is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company?s entire suite of forex products includes SEK currency notes, SEK forex cards, SEK traveler?s cheques or remittance products such as SEK demand drafts and SEK wire transfers.Orders are delivered at our own branches or at our banking partners? branches, viz. Axis Bank and ING Vysya Bank, across India.
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