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Customers will no longer have to struggle to find the actual Japanese Yen exchange rates today in Hosur. This is because most of the rates you see online are just interbank or base rates, which aren’t actual currency exchange rates. But now live and real time Japanese Yen exchange rates today in Hosur are available 24*7 on BookMyForex’s website for all to see. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Japanese Yen exchange rates today in Hosur by using the “Freeze the rate” option on our website. We provide the entire gamut of forex related products & services that include JPY currency notes, JPY forex cards, JPY traveler’s cheques, money transfer and remittance services. Orders can be collected at our branches or at our partner bank branches, Axis Bank and ING Vysya, in Hosur.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s JPY rate in Hosur”. Little do customers know that in the the name of “today’s JPY rate in Hosur”, the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to JPY price fluctuation on account of the JPY being traded globally just like any other financial security. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s JPY rate in Hosur”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s JPY rate in Hosur” for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the JPY is traded across the world electronically just like stocks, its prices also fluctuate. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. “Today’s JPY rate in Hosur” therefore, is just a means to exploit the customer.
Mr. Sudarshan Motwani established BookMyForex in 2012 with a vision to make the foreign exchange market more organized and transparent in India. Equipped with the expertise of having successfully set up and run the Foreign Exchange division at some of India’s leading banks, the challenge of setting up a Company that would revolutionize the entire forex market in India, was not daunting for him. Our services can be accessed online across India.
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