Today's Japanese Yen Rates for Foreign Exchange in mahestala

Japanese Yen Rates in mahestala

The foreign exchange market in India is currently plagued by many loopholes in policies & regulations, making it very disorganized. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.

Finding the Japanese Yen exchange rates today in mahestala used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Japanese Yen exchange rates today in mahestala to exchange currency. The other option for customers is to lock-in the Japanese Yen exchange rates today in mahestala by selecting the 'Freeze the rate' option on the website. 'Today's JPY rate in mahestala' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. The actual rate for exchanging currency is far higher than the so-called 'today's JPY rate in mahestala' because the forex dealers have to keep high margins to avoid any losses on account of JPY price fluctuation in the global market. So the concept of 'today's JPY rate in mahestala' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.

The complete range of forex products offered by the Company 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 one of our several hundred channel partner locations, across India.

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