切り下げ

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noun

official reduction of a currency's fixed exchange value

Used under pegs or managed regimes more than pure free floats.

Examples

突然の切り下げで輸入燃料のコストが一晩で上がりました。
A sudden devaluation raised the cost of imported fuel overnight.
中央銀行は噂の後、切り下げ計画を否定しました。
The central bank denied plans for devaluation after the rumor.
歴史上、切り下げは輸出を押し上げる一方でインフレを招くことがあります。
History shows devaluation can boost exports but stoke inflation.

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