1 CNY+LAMB = 11.4932 INR Interbank/ mid-market Rate at: 2022-05-19 10:01:26
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Customers looking for forex rates have to constantly struggle to find the actual Chinese Yuan rates today in Lambra. 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 Lambra. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Chinese Yuan exchange rates today in Lambra and exchange their currency at that rate within three days. We also offer other forex related products that include CNY currency notes, CNY forex cards, CNY traveler's cheques, as well as money transfer and remittance services through CNY wire transfers and CNY demand drafts. Product delivery is done at our branches or at all partnering locations across India. Orders can also be home-delivered free of cost.
BookMyForex being a technology company, its offerings go beyond the standard 'today's CNY rate in Lambra'. Other foreign exchange dealers in Lambra are simply exploiting the customers through the concept of a static 'today's CNY rate in Lambra'. 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. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's CNY rate in Lambra'. Little do customers know that in the the name of 'today's CNY rate in Lambra', 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. 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 Lambra' therefore, is just a means to exploit the customer.
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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