Exchange rate appreciation - kawase-kiriage

Japanese: 為替切上げ - かわせきりあげ
Exchange rate appreciation - kawase-kiriage

… A fixed exchange rate of each national currency with the dollar represents the official price of the dollar in that currency, but a devaluation of this exchange rate means a fall in the value of the home currency against the dollar, and is also called a devaluation. The opposite is a revaluation, which results in an increase in the value of the home currency against the dollar. The most dramatic postwar example of a devaluation was the devaluation of the British pound in 1967. …

*Some of the terminology used to refer to "currency revaluation" is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

Japanese:

… 各国通貨のドルとの一定交換比率はドルの各国通貨表示の公定価格を意味しているが,この為替平価の切下げ(平価切下げ)は,ドルに対する自国通貨の価値を下落させることであり,為替切下げ(デバリュエーションdevaluation)ともいわれる。逆の場合は為替切上げ(リバリュエーションrevaluation)であり,ドルに対する自国通貨価値の上昇をもたらす。戦後,最も劇的な為替平価の切下げの例は,1967年におけるイギリスのポンドの切下げである。…

※「為替切上げ」について言及している用語解説の一部を掲載しています。

出典|株式会社平凡社世界大百科事典 第2版について | 情報

<<:  Devaluation of the currency

>>:  Exchange Bureau - kawasekyoku

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