realignment of the exchange rates

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• realignment — re‧a‧lign‧ment [ˌriːəˈlaɪnmənt] noun [countable, uncountable] 1. ECONOMICS a change in the exchange rate between currencies: • a realignment of currency values 2. a change in the way that a company is organized: • The corporate realignment… …   Financial and business terms

• exchange rate mechanism — /ɪks tʃeɪndʒ reɪt ˌmekənɪz(ə)m/ noun a method of stabilising exchange rates within the European Monetary System, where currencies could only move up or down within a narrow band (usually 2.25% either way, but for certain currencies widened to 6%) …   Dictionary of banking and finance

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• Japan — /jeuh pan /, n. 1. a constitutional monarchy on a chain of islands off the E coast of Asia: main islands, Hokkaido, Honshu, Kyushu, and Shikoku. 125,716,637; 141,529 sq. mi. (366,560 sq. km). Cap.: Tokyo. Japanese, Nihon, Nippon. 2. Sea of, the… …   Universalium

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