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The foreign exchange market in India is currently plagued by many loopholes in policies & regulations, making it very disorganized. Mr. Sudarshan Motwani, who has headed the foreign exchange function at some of the leading Indian Banks, established BookMyForex in 2012 to address these issues and streamline the forex business in the country.
Finding the Chinese Yuan exchange rates today in Anand 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 Anand to exchange currency. The other option for customers is to lock-in the Chinese Yuan exchange rates today in Anand by selecting the 'Freeze the rate' option on the website. 'Today's CNY rate in Anand' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Forex dealers keep a significant margin over and above 'today's CNY rate in Anand' to hedge against any CNY price fluctuation in the global market. So the norm of 'today's CNY rate in Anand' is just an easy way for forex dealers to make a few extra bucks.
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 one of our several hundred channel partner locations, across India.
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