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The foreign exchange market in India is currently plagued by many loopholes in policies & regulations, making it very disorganized. 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.
It can be quite a pain for a customer to find out the Chinese Yuan exchange rates today in Paidiparru. It is only BookMyForex that now provides live and real time Chinese Yuan exchange rates today in Paidiparru. BookMyForex also allows you to lock-in the live Chinese Yuan exchange rates today in Paidiparru to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's CNY rate in Paidiparru', 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 Paidiparru' 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 Paidiparru' 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 exchange companies that partner with us
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