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Money Is Boring

The best way to manage money is to be boring.

Exchange Rate

Exchange Rate

An exchange rate is the price that one currency can be bought or sold for another. Exchange rates can be floating or fixed; floating exchange rates fluctuate continuously, depending on whether or not there is a demand for the currency or not, while fixed exchange rates mean that a country has fixed their currency to a widely used currency, often the US dollar.

See also:

  • Personal Tax Allowance
  • Private Limited Company

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