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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 Gardhiwal used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Japanese Yen exchange rates today in Gardhiwal to exchange currency. You also have the option to lock-in the Japanese Yen exchange rates today in Gardhiwal to exchange currency by using the “Freeze the rate” option on the website. Other currency exchangers and websites use the base rate or interbank rate as “today’s JPY rate in Gardhiwal”, which isn’t actually the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called “today’s JPY rate in Gardhiwal” 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 norm of “today’s JPY rate in Gardhiwal” 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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