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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. 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 Thai Baht exchange rates today in namakkal used to be a challenge until BookMyForex came into the picture. But not anymore - Live and real time Thai Baht exchange rates today in namakkal are now available on BookMyForex for currency exchange. The other option for customers is to lock-in the Thai Baht exchange rates today in namakkal by selecting the 'Freeze the rate' option on the website. 'Today's THB rate in namakkal' 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 THB rate in namakkal' to hedge against any THB price fluctuation in the global market. So the concept of 'today's THB rate in namakkal' 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 THB currency notes, THB forex cards, THB traveler's cheques or remittance products such as THB demand drafts and THB wire transfers.Orders are delivered by our own branches or by exchange companies that partner with us
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