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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 Vadakara used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Japanese Yen exchange rates today in Vadakara. The other option for customers is to lock-in the Japanese Yen exchange rates today in Vadakara by selecting the ?Freeze the rate? option on the website. ?Today?s JPY rate in Vadakara? 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 Vadakara? 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 concept of ?today?s JPY rate in Vadakara? is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company?s offerings of forex and related services are already available across the country and include currency exchange, 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 at our own branches or at the branches of ING Vysya bank and Axis bank, our banking partners in India.
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