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It is next to impossible for customers to find the actual Japanese Yen exchange rates today in Kasia 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 Kasia. Customers can buy/ sell their currency at live rates or at a rate they can ‘lock-in’ using the “Freeze the rate” option on the website to avail the best Japanese Yen exchange rates today in Kasia. Our other forex related products and services include 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 Kasia. Orders can also be delivered at home free of cost.
While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s JPY rate in Kasia” which are much higher. Charging “today’s JPY rate in Kasia” provides a cushioning effect to avoid incurring losses due to JPY price fluctuation in the market because just like stocks JPYs are also traded electronically across the globe like any other financial security. Being a technology company our offerings go beyond the standard “today’s JPY rate in Kasia”. Other foreign exchange dealers in Kasia are simply exploiting the customers through the concept of a static “today’s JPY rate in Kasia. 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. Using it’s strong IT infrastructure to its advantage, BookMyForex offers far better options to customers
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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