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It is next to impossible for customers to find the actual Chinese Yuan exchange rates today in Sadaura especially on the Internet. This is because most of the rates you see online are just interbank or base rates, which aren't actual currency exchange rates. But now live and real time Chinese Yuan exchange rates today in Sadaura are available 24*7 on BookMyForex's website for all to see. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Chinese Yuan exchange rates today in Sadaura and exchange their currency at that rate within three days. We also offer other forex related products that include CNY currency notes, CNY forex cards, CNY traveler's cheques, as well as money transfer and remittance services through CNY wire transfers and CNY demand drafts. Product delivery is done at our branches or at all channel partner branches.
BookMyForex being a technology company, its offerings go beyond the standard 'today's CNY rate in Sadaura'. Other foreign exchange dealers in Sadaura are simply exploiting the customers through the concept of a static 'today's CNY rate in Sadaura'. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the CNY rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's CNY rate in Sadaura'. Little do customers know that in the the name of 'today's CNY rate in Sadaura', 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. 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 Sadaura' therefore, is just a means to exploit the customer.
The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India's leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.
You can get started by using our interactive order entry cart below.