Definition
Exchange rate, also known as foreign exchange rate or forex rate, is the rate at which one currency can be exchanged for another currency in the foreign exchange market. Exchange rates fluctuate based on supply and demand dynamics, economic factors, geopolitical events, and central bank policies, and they impact international trade, investment, tourism, and financial transactions conducted in different currencies.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.