Customers looking for forex rates have to constantly struggle to find the actual Chinese Yuan rates today in Tarn Taran. 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 Tarn Taran. 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 Tarn Taran. 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 Tarn Taran'. Little do customers know that in the the name of 'today's CNY rate in Tarn Taran', 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. Being a technology company our offerings go beyond the standard 'today's CNY rate in Tarn Taran'. Other foreign exchange dealers in Tarn Taran are simply exploiting the customers through the concept of a static 'today's CNY rate in Tarn Taran. 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. In the name of 'today's CNY rate in Tarn Taran', 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.
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