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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.
Finding the US Dollar exchange rates today in Guwahati used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time US Dollar exchange rates today in Guwahati. BookMyForex also allows you to lock-in the live US Dollar exchange rates today in Guwahati to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as ?today?s USD rate in Guwahati?, which is not really the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called ?today?s USD rate in Guwahati? because the forex dealers have to keep high margins to avoid any losses on account of USD price fluctuation in the global market. So the concept of ?today?s USD rate in Guwahati? 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 USD currency notes, USD forex cards, USD traveler?s cheques or remittance products such as USD demand drafts and USD wire transfers.Orders are delivered at our own branches or at the branches of ING Vysya bank and Axis bank, our banking partners in India.
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