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It is next to impossible for customers to find the actual Chinese Yuan exchange rates today in Surendranagar especially on the Internet. 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 Surendranagar. Customers have the choice to book their order at live rates or at Chinese Yuan exchange rates today in Surendranagar that they can select by using the 'Freeze the rate' option on our website. Our full suite of forex related products includes CNY currency notes, CNY forex cards, CNY traveler's cheques and CNY money transfer and remittance services using CNY DDs and CNY wire transfers. 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 Surendranagar'. Little do customers know that in the the name of 'today's CNY rate in Surendranagar', 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. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's CNY rate in Surendranagar' which are much higher. Charging 'today's CNY rate in Surendranagar' provides a cushioning effect to avoid incurring losses due to CNY price fluctuation in the market because just like stocks CNYs are also traded electronically across the globe like any other financial security. In the name of 'today's CNY rate in Surendranagar', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to CNY price fluctuation.
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
You can get started by using our interactive order entry cart below.