Today's Japanese Yen Rates for Foreign Exchange and Money Transfer from India

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Japanese Yen Rates in Chakan

The foreign exchange market in India is currently plagued by many loopholes in policies & regulations, making it very disorganized. BookMyForex was established by Mr. Sudarshan Motwani in 2012 to address exactly these challenges. He has successfully established and run the Foreign Exchange division at some of the most renowned banks in India in the past.

Japanese Yen exchange rates today in Chakan are not really easy to find on any website. BookMyForex is the first portal in India that provides live rates and actual Japanese Yen exchange rates today in Chakan to exchange currency. The other option for customers is to lock-in the Japanese Yen exchange rates today in Chakan by selecting the 'Freeze the rate' option on the website. 'Today's JPY rate in Chakan' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. The actual rate for exchanging currency is far higher than the so-called 'today's JPY rate in Chakan' because the forex dealers have to keep high margins to avoid any losses on account of JPY price fluctuation in the global market. So the customers end up being at the losing end when 'today's JPY rate in Chakan' 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 by our own branches or by exchange companies that partner with us

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