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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 Jalandhar used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Chinese Yuan exchange rates today in Jalandhar. BookMyForex also allows you to lock-in the live Chinese Yuan exchange rates today in Jalandhar to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's CNY rate in Jalandhar', which is not really 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 Jalandhar' 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 Jalandhar' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company's entire suite of forex products 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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