Definition
Foreign exchange management encompasses the planning, execution, and oversight of transactions, strategies, and policies related to the exchange of currencies in international trade, investment, and financial transactions. Foreign exchange management involves assessing and managing currency risks, optimizing foreign exchange rates, hedging currency exposures, and complying with regulatory requirements governing foreign exchange operations. Effective foreign exchange management enables businesses, investors, and financial institutions to mitigate currency volatility, minimize transaction costs, and enhance financial performance in global markets.
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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.