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Customers will no longer have to struggle to find the actual Chinese Yuan exchange rates today in Indore. This is because most of the rates you see online are just interbank or base rates, which aren't actual currency exchange rates. But now live and real time Chinese Yuan exchange rates today in Indore are available 24*7 on BookMyForex's website for all to see. Customers can buy/ sell their currency at live rates or at a rate they can 'lock-in' using the 'Freeze the rate' option on the website to avail the best Chinese Yuan exchange rates today in Indore. Our other forex related products and services include CNY forex cards, CNY traveler's cheques, money transfer and remittance services. Product delivery is done at our branches or at all channel partner branches.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's CNY rate in Indore'. Little do customers know that in the the name of 'today's CNY rate in Indore', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to CNY price fluctuation on account of the CNY being traded globally just like any other financial security. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's CNY rate in Indore' which are much higher. Charging 'today's CNY rate in Indore' 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. BookMyForex on the other hand goes beyond 'today's CNY rate in Indore' and offers far more to the customers, keeping their interest in mind.
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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