1 USD+PTP = 77.73 INR Interbank/ mid-market Rate at: 2022-05-19 18:27:41
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The foreign exchange market in India is currently plagued by many loopholes in policies & regulations, making it very disorganized. BookMyForex was established by Mr. Sudarshan Motwani in 2012 to address exactly these challenges. He has successfully established and run the Foreign Exchange division at some of the most renowned banks in India in the past.a
Finding the US Dollar rates today in Puttaparty 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 Puttaparty. The other option for customers is to lock-in the US Dollar exchange rates today in Puttaparty by selecting the “Freeze the rate” option on the website. “Today’s USD rate in Puttaparty” as per other websites and currency exchangers is the base rate or interbank rate but currency isn’t really exchanged at this rate. Through the practice of “today’s USD rate in Puttaparty” the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the US Dollars are traded electronically worldwide. So the concept of “today’s USD rate in Puttaparty” 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 all Axis Bank and ING Vysya Bank branches, which are our PAN India banking partners.
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