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Actual Vietnam Dong exchange rates today in Ghaziabad have never been easy to find until now. 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 Vietnam Dong exchange rates today in Ghaziabad. 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 Vietnam Dong exchange rates today in Ghaziabad. Our other forex related products and services include VND forex cards, VND traveler's cheques, money transfer and remittance services. Orders can be collected at our branches or at locations of our partnering RBI authorized exchange companies/ banks, in Ghaziabad.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's VND rate in Ghaziabad'. Little do customers know that in the the name of 'today's VND rate in Ghaziabad', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to VND price fluctuation on account of the VND being traded globally just like any other financial security. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's VND rate in Ghaziabad' which are much higher. Charging 'today's VND rate in Ghaziabad' provides a cushioning effect to avoid incurring losses due to VND price fluctuation in the market because just like stocks VNDs are also traded electronically across the globe like any other financial security. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's VND rate in Ghaziabad' therefore, is just a means to exploit the customer.
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
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