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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. 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 Muzaffarpur used to be a challenge until BookMyForex came into the picture. But not anymore - Live and real time Chinese Yuan exchange rates today in Muzaffarpur are now available on BookMyForex for currency exchange. You also have the option to lock-in the Chinese Yuan exchange rates today in Muzaffarpur 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 Muzaffarpur', which isn't actually the rate at which currency is exchanged. Through the practice of 'today's CNY rate in Muzaffarpur' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Chinese Yuans are traded electronically worldwide. So the norm of 'today's CNY rate in Muzaffarpur' is just an easy way for forex dealers to make a few extra bucks.
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 exchange companies that partner with us
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