Realignment

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Realignment

A situation in which the governments or central banks of several countries coordinate to revalue one or more currencies. This may occur when currencies become so strong or weak that they negatively impact international trade or a country's balance of payments. Central banks may effect a realignment, for example, by buying or selling the relevant currencies in large volume.
References in periodicals archive ?
Global Banking News-24 March 2010-SunTrust announces realignment of banking franchise(C)2010 ENPublishing - http://www.
This correspondence follows up an August 1, 2007, meeting to discuss concerns about changes in the cost and savings estimates and the potential loss of expertise and experience from the closure of Fort Monmouth, New Jersey, among other issues, since the recommendation to close Fort Monmouth as part of the Department of Defense's (DOD) 2005 Base Realignment and Closure (BRAC) round became effective.
Realigning the 46th Test Wing is only one of many options being looked at by the Air Force and no realignment decisions have been made.
WASHINGTON -- Defense Department officials have recommended closing 33 major bases and realigning 29 others as part of a comprehensive reshaping of the military infrastructure through the Base Realignment and Closure process.
New England has experienced disproportionately deeper reductions in military personnel and infrastructure in prior base closing and realignments," Brett said.
Sherman said the base realignment and closure process is important to the state, but not what the delegation needs to discuss today.
The Pentagon's list of BRAC candidates was issued Friday and is expected to start a flurry of activity from communities affected by the planned closures or realignments, as well as from land developers, investors and homebuilders interested in pursuing opportunities associated with base closures.
The base at Point Mugu had been considered for cutbacks as part of the Navy's base realignment and closure program in recent years.
Base closures and realignments can have significant negative effects on local U.