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Customers will no longer have to struggle to find the actual Chinese Yuan exchange rates today in Baghapurana. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Chinese Yuan exchange rates today in Baghapurana. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Chinese Yuan exchange rates today in Baghapurana by using the 'Freeze the rate' option on our website. We provide the entire gamut of forex related products & services that include CNY currency notes, CNY forex cards, CNY traveler's cheques, money transfer and remittance services. Customers can visit one of our channel partner locations to collect their orders.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's CNY rate in Baghapurana' which are much higher. Charging 'today's CNY rate in Baghapurana' provides a cushioning effect to avoid incurring losses due to CNY price fluctuation in the market because just like stocks CNYs are also traded electronically across the globe like any other financial security. Being a technology company our offerings go beyond the standard 'today's CNY rate in Baghapurana'. Other foreign exchange dealers in Baghapurana are simply exploiting the customers through the concept of a static 'today's CNY rate in Baghapurana. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the CNY rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's CNY rate in Baghapurana' therefore, is just a means to exploit the customer.
Mr. Sudarshan Motwani established BookMyForex in 2012 with a vision to make the foreign exchange market more organized and transparent in India. Equipped with the expertise of having successfully set up and run the Foreign Exchange division at some of India's leading banks, the challenge of setting up a Company that would revolutionize the entire forex market in India, was not daunting for him. Our services can be accessed online across India.
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