1 USD+KAKI = N/A INR Interbank/ mid-market Rate at: 2022-05-19 14:18:31
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Customers will no longer have to struggle to find the actual US Dollar exchange rates today in Kakinada. Most websites on the net don't provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time US Dollar exchange rates today in Kakinada. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the US Dollar exchange rates today in Kakinada and exchange their currency at that rate within three days. We also offer other forex related products that include USD currency notes, USD forex cards, USD traveler's cheques, as well as money transfer and remittance services through USD wire transfers and USD demand drafts. Orders can be collected at our branches or at our partnering bank/ currency exchange locations, in Kakinada. Orders can also be delivered at home free of cost.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's USD rate in Kakinada'. Little do customers know that in the the name of 'today's USD rate in Kakinada', 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. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's USD rate in Kakinada', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's USD rate in Kakinada' 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. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's USD rate in Kakinada' therefore, is just a means to exploit the customer.
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.
So use our interactive order entry cart below and get started.