1 USD+DEOG = N/A INR Interbank/ mid-market Rate at: 2022-05-19 18:11:50
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Customers looking for forex rates have to constantly struggle to find the actual US Dollar rates today in Deoghar. This is because most of the rates you see online are just interbank or base rates, which aren't actual currency exchange rates. But now live and real time US Dollar exchange rates today in Deoghar are available 24*7 on BookMyForex's website for all to see. 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 Deoghar. Our other forex related products and services include USD forex cards, USD traveler's cheques, money transfer and remittance services. Customers can visit our channel partner locations to collect their orders or they can have the order home-delivered 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 Deoghar' which are much higher. Charging 'today's USD rate in Deoghar' 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. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's USD rate in Deoghar', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's USD rate in Deoghar' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the USD is traded across the world electronically just like stocks, its prices also fluctuate. In the name of 'today's USD rate in Deoghar', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to USD price fluctuation.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India's leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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