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It is next to impossible for customers to find the actual Chinese Yuan exchange rates today in Rajahmundry especially on the Internet. 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 Rajahmundry. 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 Rajahmundry. Our other forex related products and services include CNY forex cards, CNY traveler's cheques, money transfer and remittance services. Customers can visit one of our channel partner locations to collect their orders.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's CNY rate in Rajahmundry'. Little do customers know that in the the name of 'today's CNY rate in Rajahmundry', 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 Rajahmundry', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's CNY rate in Rajahmundry' 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 Rajahmundry' 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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