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Customers looking for forex rates have to constantly struggle to find the actual Chinese Yuan rates today in Proddatur. 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 Proddatur. Customers can buy/ sell their currency at live rates or at a rate they can 'lock-in' using the 'Freeze the rate' option on the website to avail the best Chinese Yuan exchange rates today in Proddatur. Our other forex related products and services include CNY forex cards, CNY traveler's cheques, money transfer and remittance services. 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 Proddatur'. Little do customers know that in the the name of 'today's CNY rate in Proddatur', 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 Proddatur', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's CNY rate in Proddatur' 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. 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 Proddatur' 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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