noun
Plaza Accord
Refers to the 1985 agreement among the G5 nations to depreciate the US dollar against the yen and Deutsche Mark. Used in economic and historical contexts.
プラザ合意の後、円高が急速に進んだ。
After the Plaza Accord, the yen appreciated rapidly.
From English 'Plaza' (referring to the Plaza Hotel in New York where the agreement was signed) and Japanese 合意 (agreement).