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It is next to impossible for customers to find the actual Chinese Yuan exchange rates today in Machilipatnam especially on the Internet. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time Chinese Yuan exchange rates today in Machilipatnam. 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 Machilipatnam 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. Orders are delivered at our own branches or at the branches of our channel partners.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's CNY rate in Machilipatnam'. Little do customers know that in the the name of 'today's CNY rate in Machilipatnam', 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. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's CNY rate in Machilipatnam', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's CNY rate in Machilipatnam' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the CNY is traded across the world electronically just like stocks, its prices also fluctuate. In the name of 'today's CNY rate in Machilipatnam', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to CNY price fluctuation.
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
So use our interactive order entry cart below and get started.