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Customers looking for forex rates have to constantly struggle to find the actual Japanese Yen rates today in Jabalpur. Most websites on the net don’t provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time Japanese Yen exchange rates today in Jabalpur. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Japanese Yen exchange rates today in Jabalpur 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 are delivered at our own branches or at the branches of our banking partners – ING Vysya bank and Axis bank. Customers can even choose to have their order home-delivered.
BookMyForex being a technology company, its offerings go beyond the standard “today’s JPY rate in Jabalpur”. Other foreign exchange dealers in Jabalpur are simply exploiting the customers through the concept of a static “today’s JPY rate in Jabalpur”. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the JPY rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s JPY rate in Jabalpur”. Little do customers know that in the the name of “today’s JPY rate in Jabalpur”, 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. 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 Jabalpur” 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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