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The foreign exchange market in India is currently plagued by many loopholes in policies & regulations, making it very disorganized. Mr. Sudarshan Motwani, who has headed the foreign exchange function at some of the leading Indian Banks, established BookMyForex in 2012 to address these issues and streamline the forex business in the country.
Finding the Japanese Yen exchange rates today in Bodakdev used to be a challenge until BookMyForex came into the picture. But not anymore…Live and real time Japanese Yen exchange rates today in Bodakdev are now available on BookMyForex for currency exchange. The other option for customers is to lock-in the Japanese Yen exchange rates today in Bodakdev by selecting the “Freeze the rate” option on the website. “Today’s JPY rate in Bodakdev” as per other websites and currency exchangers is the base rate or interbank rate but currency isn’t really exchanged at this rate. Through the practice of “today’s JPY rate in Bodakdev” 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 Japanese Yens are traded electronically worldwide. So the customers end up being at the losing end when “today’s JPY rate in Bodakdev” is the basis for currency exchange.
The Company’s entire suite of forex products includes JPY currency notes, JPY forex cards, JPY traveler’s cheques or remittance products such as JPY demand drafts and JPY wire transfers.Orders are delivered at our own branches or at all Axis Bank and ING Vysya Bank branches, which are our PAN India banking partners.
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