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It is next to impossible for customers to find the actual Japanese Yen exchange rates today in Varanasi especially on the Internet. This is because most of the rates you see online are just interbank or base rates, which aren’t actual currency exchange rates. But now live and real time Japanese Yen exchange rates today in Varanasi are available 24*7 on BookMyForex’s website for all to see. 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 Varanasi. Our other forex related products and services include JPY forex cards, JPY traveler’s cheques, money transfer and remittance services. Product delivery is done at our branches or at all Axis Bank and ING Bank branches, our nation-wide banking distribution partners. Orders can also be home-delivered free of cost.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s JPY rate in Varanasi”. Little do customers know that in the the name of “today’s JPY rate in Varanasi”, the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to JPY price fluctuation on account of the JPY being traded globally just like any other financial security. While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s JPY rate in Varanasi” which are much higher. Charging “today’s JPY rate in Varanasi” 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. BookMyForex on the other hand goes beyond “today’s JPY rate in Varanasi” and offers far more to the customers, keeping their interest in mind.
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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