1 USD+BARA = N/A INR Interbank/ mid-market Rate at: 2022-05-26 03:19:12
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It is next to impossible for customers to find the actual US Dollar exchange rates today in Baramati especially on the Internet. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time US Dollar exchange rates today in Baramati. Customers can buy/ sell their currency at live rates or at a rate they can 'lock-in' using the 'Freeze the rate' option on the website to avail the best US Dollar exchange rates today in Baramati. Our other forex related products and services include USD forex cards, USD traveler's cheques, money transfer and remittance services. Orders can be collected at our branches or at our partnering bank/ currency exchange locations, in Baramati. Orders can also be delivered at home free of cost.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's USD rate in Baramati' which are much higher. Charging 'today's USD rate in Baramati' provides a cushioning effect to avoid incurring losses due to USD price fluctuation in the market because just like stocks USDs are also traded electronically across the globe like any other financial security. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's USD rate in Baramati'. Little do customers know that in the the name of 'today's USD rate in Baramati', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to USD price fluctuation on account of the USD being traded globally just like any other financial security. In the name of 'today's USD rate in Baramati', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to USD price fluctuation.
Mr. Sudarshan Motwani established BookMyForex in 2012 with a vision to make the foreign exchange market more organized and transparent in India. Equipped with the expertise of having successfully set up and run the Foreign Exchange division at some of India's leading banks, the challenge of setting up a Company that would revolutionize the entire forex market in India, was not daunting for him. Our services can be accessed online across India.
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