Cryptic crossword clue
Lowers exchange rate rashly, leaves audit without independence 10

The most common and most likely answer to this crossword clue is the 10 letter word DEVALUATES

D
E
V
A
L
U
A
T
E
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Buddy explains!

The straight part
We know that "Lowers exchange rate" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case lowers exchange rate = devaluates.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does DEVALUATES mean?

DEVALUATES verb
  1. To reduce in value.

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