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The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. BookMyForex was established by Mr. Sudarshan Motwani in 2012 to address exactly these challenges. He has successfully established and run the Foreign Exchange division at some of the most renowned banks in India in the past.
Finding the Chinese Yuan exchange rates today in Roorkee used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Chinese Yuan exchange rates today in Roorkee. BookMyForex also allows you to lock-in the live Chinese Yuan exchange rates today in Roorkee to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's CNY rate in Roorkee', which is not really the rate at which currency is exchanged. Through the practice of 'today's CNY rate in Roorkee' 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 customers end up being at the losing end when 'today's CNY rate in Roorkee' is the basis for currency exchange.
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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