1 CNY+AMD = 11.3759 INR Interbank/ mid-market Rate at: 03-10-2023 06:29:19
The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. 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.
Finding the Chinese Yuan exchange rates today in Ahmedabad used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Chinese Yuan exchange rates today in Ahmedabad to exchange currency. The other option for customers is to lock-in the Chinese Yuan exchange rates today in Ahmedabad by selecting the 'Freeze the rate' option on the website. 'Today's CNY rate in Ahmedabad' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. The actual rate for exchanging currency is far higher than the so-called 'today's CNY rate in Ahmedabad' because the forex dealers have to keep high margins to avoid any losses on account of CNY price fluctuation in the global market. So the concept of 'today's CNY rate in Ahmedabad' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The complete range of forex products offered by the Company includes CNY currency notes, CNY forex cards, CNY traveler's cheques or remittance products such as CNY demand drafts and CNY wire transfers.Orders are delivered by our own branches or by exchange companies that partner with us
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