The foreign exchange market in India is currently plagued by many loopholes in policies & regulations, making it very disorganized. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
Finding the Chinese Yuan exchange rates today in Jabalpur 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 Jabalpur to exchange currency. You also have the option to lock-in the Chinese Yuan exchange rates today in Jabalpur to exchange currency by using the 'Freeze the rate' option on the website. Other currency exchangers and websites use the base rate or interbank rate as 'today's CNY rate in Jabalpur', which isn't actually the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called 'today's CNY rate in Jabalpur' 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 Jabalpur' 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 the branches of our channel partners in India.
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