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Buy Foreign currency at exact Interbank / Mid Market rates for your upcoming international travel. Zero Forex Margin. Zero Hidden charges.
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BookMyForex.com India’s #1 Online Card Seller
Buy Foreign currency at exact Interbank / Mid Market rates for your upcoming international travel. Zero Forex Margin. Zero Hidden charges.
Bookmyforex.com • For decades, banks and brokers have used hidden fees to overcharge consumers on international transfers and travel money. • Students can now buy forex at exact interbank rates.Foreign exchange rates have always been wrapped under a veil and you never knew just what the exact correct rates are!
BookMyForex.com For decades, banks and brokers have used hidden fees to overcharge consumers on international transfers and travel money. • That’s all over now with BookMyForex offering live rates updated every three seconds that is faster than many Banks and 20 times faster than Business channels or any forex app, anywhere in world. So now you can buy, sell or remit at exactly same rates that you see on your TV or forex apps like XE. • Students can now buy forex at exact interbank rate. Foreign exchange rates have always been wrapped under a veil and you never knew just what the exact correct rates are!!
Factor Influencing Exchange Rate Some of the Examples Factor Influencing Currency Exchange Rate: • Inflation Rates Changes in market inflation cause changes in currency exchange rates. A country with a lower inflation rate than others will see an appreciation in the value of its currency. The Prices of goods and services increase at slower rate where the inflammation is low. • Interest Rates Changes in interest rate affect currency value and dollar exchange rate.Forex rates,interest rates and inflation are all correlated.Increase in interest rate cause a country’s currency to appreciate because higher interest rate provide higher rate to lenders,thereby attracting more foreign capital ,which cause a rise in exchange rate. • Government Debt Government debt is public debt or national debt owned by the central government. A country with government debt is less likely to acquire foreign capital, leading to inflation. Foreign investors will sell their bonds in the open market if the market predicts government debt within a certain country. As a result, a decrease in the value of its exchange rate will follow.
Get the Best Deal with BookMyForex BookMyForex.comintroduces City Wise Rates across All Cities in India. Thanks to this new development you can now see the best rates across all forex products in any city in India in real time. We’re now able to source exchange rates from hundreds of currency exchange and banking locations in every city and automatically show you the best live exchange rate in your area. You can even freeze the best live rates in your city, set a rate alert for the best rate in your city and get all that BookMyForex goodness that you’re used to otherwise. Products & Services : Multi-Currency Travel Money Cards: Stop paying the exorbitant exchange rates that your international debit/ credit cards charge. Unlike your debit/ credit cards, which levy a surcharge of 2.5% - 3.5%, our Prepaid Multicurrency forex cards let you exchange currency absolutely for free i.e. at exact interbank rates Foreign Currency notes (Cash):Currency notes are regular paper cash. Although most popular, their use is declining as carrying cash is the most unsafe. Currency notes are totally unprotected against loss and counterfeits. Wire Transfer (TT):Wire Transfers are also a very common method of remitting money overseas. Using this method, funds can be transferred electronically to a foreign bank account. Easy Reloads/Unloads:Reload your Forex Card remotely. Exchange the remaining balance on your card for INR once you return
CONTACT US BookMyForex Pvt Ltd Unit 662 - 664, JMD Megapolis Sohna Road, Sector - 48 Gurgaon 122018, Haryana India info@bookmyforex.com www.bookmyforex.com +91 - 9212219191