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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.
UAE Dirham exchange rates today in Moga are not really easy to find on any website. It is only BookMyForex that now provides live and real time UAE Dirham exchange rates today in Moga. The other option for customers is to lock-in the UAE Dirham exchange rates today in Moga by selecting the ?Freeze the rate? option on the website. ?Today?s AED rate in Moga? 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 AED rate in Moga? to hedge against any AED price fluctuation in the global market. So the concept of ?today?s AED rate in Moga? 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 offerings of forex and related services are already available across the country and include currency exchange, AED currency notes, AED forex cards, AED traveler?s cheques or remittance products such as AED demand drafts and AED wire transfers.Orders are delivered at our own branches or at all Axis Bank and ING Vysya Bank branches, which are our PAN India banking partners.
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