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The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. 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 Dehradun used to be a challenge until BookMyForex came into the picture. But not anymore?Live and real time Japanese Yen exchange rates today in Dehradun are now available on BookMyForex for currency exchange. The other option for customers is to lock-in the Japanese Yen exchange rates today in Dehradun by selecting the ?Freeze the rate? option on the website. ?Today?s JPY rate in Dehradun? as per other websites and currency exchangers is the base rate or interbank rate but currency isn?t really exchanged at this rate. Forex dealers keep a significant margin over and above ?today?s JPY rate in Dehradun? to hedge against any JPY price fluctuation in the global market. So the norm of ?today?s JPY rate in Dehradun? is just an easy way for forex dealers to make a few extra bucks.
The Company?s offerings of forex and related services are already available across the country and include currency exchange, 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 our banking partners? branches, viz. Axis Bank and ING Vysya Bank, across India.
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