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Japanese Yen Rates in Ferozepur

The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. 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 Ferozepur are not really easy to find on any website. It is only BookMyForex that now provides live and real time Japanese Yen exchange rates today in Ferozepur. The other option for customers is to lock-in the Japanese Yen exchange rates today in Ferozepur by selecting the “Freeze the rate” option on the website. “Today’s JPY rate in Ferozepur” 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 Ferozepur” to hedge against any JPY price fluctuation in the global market. So the concept of “today’s JPY rate in Ferozepur” is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.

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 the branches of ING Vysya bank and Axis bank, our banking partners in India.

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