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It is next to impossible for customers to find the actual Japanese Yen exchange rates today in Jammu especially on the Internet. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time Japanese Yen exchange rates today in Jammu. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Japanese Yen exchange rates today in Jammu 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. Customers can visit Axis Bank and ING Vysya Bank, our nation-wide banking partners, to collect their orders or they can have the order home-delivered free of cost.
BookMyForex being a technology company, its offerings go beyond the standard “today’s JPY rate in Jammu”. Other foreign exchange dealers in Jammu are simply exploiting the customers through the concept of a static “today’s JPY rate in Jammu”. 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. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s JPY rate in Jammu”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s JPY rate in Jammu” 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 Jammu” therefore, is just a means to exploit the customer.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India’s leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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