Today's Japanese Yen Rates for Foreign Exchange and Money Transfer from India

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Japanese Yen Rates in kattappana

The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. 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.

Japanese Yen exchange rates today in kattappana are not really easy to find on any website. It is only BookMyForex that now provides live and real time Japanese Yen exchange rates today in kattappana. The other option for customers is to lock-in the Japanese Yen exchange rates today in kattappana by selecting the 'Freeze the rate' option on the website. 'Today's JPY rate in kattappana' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Through the practice of 'today's JPY rate in kattappana' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Japanese Yens are traded electronically worldwide. So the customers end up being at the losing end when 'today's JPY rate in kattappana' is the basis for currency exchange.

The Company's entire suite of forex products includes 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 by our own branches or by exchange companies that partner with us

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