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It is next to impossible for customers to find the actual Chinese Yuan exchange rates today in Kannur especially on the Internet. 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 Kannur are available 24*7 on BookMyForex's website for all to see. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Chinese Yuan exchange rates today in Kannur 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. Orders can be collected at our branches or at locations of our partnering RBI authorized exchange companies/ banks, in Kannur.
BookMyForex being a technology company, its offerings go beyond the standard 'today's CNY rate in Kannur'. Other foreign exchange dealers in Kannur are simply exploiting the customers through the concept of a static 'today's CNY rate in Kannur'. 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. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's CNY rate in Kannur' which are much higher. Charging 'today's CNY rate in Kannur' 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. 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 Kannur' therefore, is just a means to exploit the customer.
The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India's leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.
To get started use our interactive order entry cart below.