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Actual Chinese Yuan exchange rates today in Ernakulam have never been easy to find until now. Most websites on the net don't provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time Chinese Yuan exchange rates today in Ernakulam. Customers have the choice to book their order at live rates or at Chinese Yuan exchange rates today in Ernakulam that they can select by using the 'Freeze the rate' option on our website. Our full suite of forex related products includes CNY currency notes, CNY forex cards, CNY traveler's cheques and CNY money transfer and remittance services using CNY DDs and CNY wire transfers. Orders are delivered at our own branches or at the branches of our channel partners. Customers can even choose to have their order home-delivered.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's CNY rate in Ernakulam' which are much higher. Charging 'today's CNY rate in Ernakulam' 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. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's CNY rate in Ernakulam', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's CNY rate in Ernakulam' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the CNY is traded across the world electronically just like stocks, its prices also fluctuate. In the name of 'today's CNY rate in Ernakulam', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to CNY price fluctuation.
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.
You can get started by using our interactive order entry cart below.