1 CNY+THI = 12.0215 INR Interbank/ mid-market Rate at: 29-01-2023 08:27:40
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Actual Chinese Yuan exchange rates today in Thiruvananthapuram have never been easy to find until now. 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 Thiruvananthapuram are available 24*7 on BookMyForex's website for all to see. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Chinese Yuan exchange rates today in Thiruvananthapuram by using the 'Freeze the rate' option on our website. We provide the entire gamut of forex related products & services that include CNY currency notes, CNY forex cards, CNY traveler's cheques, money transfer and remittance services. Customers can visit our channel partner locations to collect their orders or they can have the order home-delivered free of cost.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's CNY rate in Thiruvananthapuram'. Little do customers know that in the the name of 'today's CNY rate in Thiruvananthapuram', 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 Thiruvananthapuram' which are much higher. Charging 'today's CNY rate in Thiruvananthapuram' 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. 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 Thiruvananthapuram' therefore, is just a means to exploit the customer.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India's leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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